Ask Question
1 September, 11:47

Last year, Shadow Corporation's dividend on common stock was $9.90 per share and the dividend on preferred stock was $1.00 per share. The market price of common stock at the end of the year was $68.10 per share. The dividend yield ratio is closest to

+5
Answers (1)
  1. 1 September, 12:14
    0
    Dividend yield ratio = Dividend per share/Market price per share x 100

    Dividend yield ratio = $9.90/$68.10 x 100

    Dividend yield ratio = 14.54%

    Explanation:

    Dividend yield ratio is the relationship between dividend per share and market price per share.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Last year, Shadow Corporation's dividend on common stock was $9.90 per share and the dividend on preferred stock was $1.00 per share. The ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers