Ask Question
26 July, 09:59

A stock has a market price of $46.10 and pays a $2.40 annual dividend. what is the dividend yield? 4.13 percent 4.84 percent 5.21 percent 5.52 percent 5.78 percent

+5
Answers (1)
  1. 26 July, 10:09
    0
    To solve:

    Dividend yield = Annual Dividend / Market Price

    Dividend yield = $2.40 / $46.10

    Dividend yield = 0.0521

    Then we are going to multiply by 100 to get the total in a percent

    Dividend yield percent = (0.0521) (100)

    Dividend yield = 5.21%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A stock has a market price of $46.10 and pays a $2.40 annual dividend. what is the dividend yield? 4.13 percent 4.84 percent 5.21 percent ...” 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