Leflore Corporation Has Provided the Following Data Dividends on Common Stock During Year 2 Totaled $6,000
Leflore Corporation has provided the following data: Dividends on common stock during Year 2 totaled $6,000. The market price of common stock at the end of Year 2 was $1.38 per share. The company's dividend yield ratio for Year 2 is closest to:
A) 4.3%
B) 1.2%
C) 35.0%
D) 50.0%
Correct Answer:
Verified
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