A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?

a) 2.8%

b) 3.5%

c) 9.9%

d) 11.3%

Question

Micah Cabrera

Business

18 March, 03:19

A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?

a) 2.8%

b) 3.5%

c) 9.9%

d) 11.3%

+3

Answers (1)

Know the Answer?

Jackson Fowler · Answer 1

9.9 %

Explanation:

he formula for calculating dividend yield is as follows,

Dividend yield = Annual dividend/stock price x 100

For this case: Annual dividend = 4 ($ 2.1 per quarter)

=$ 8.4

Stock price: $85

Dividend yield = $8.4/$85 x 100

=9.88%

=9.9 %

A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?a) 2.8%b) 3.5%c) 9.9%d) 11.3%

A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?

a) 2.8%

b) 3.5%

c) 9.9%

d) 11.3%