Presented below are selected data from the financial statements of Carnival Corp.for 2012 and 2011. The dividend yield ratio for 2012 is
A)1.9%
B)2.1%
C)36.3%
D)38.1%

Question

Presented below are selected data from the financial statements of Carnival Corp.for 2012 and 2011.  The dividend yield ratio for 2012 is
A)1.9% 
B)2.1% 
C)36.3% 
D)38.1%

Quizplus · Accepted Answer

Dividend yield ratio = (Dividend per share / Market price per share) x 100
Dividend per share for 2012 = $0.80
Market price per share for 2012 = $42.56
Therefore, Dividend yield ratio = (0.80/42.56) x 100 = 1.88% (rounded to 1.9%)
The answer is A) 1.9%.

Presented Below Are Selected Data from the Financial Statements of Carnival