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31 March, 05:50

Currently baldwin is paying a dividend of $15.64 (per share). If this dividend were raised by $3.64, given its current stock price what would be the dividend yield?

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  1. 31 March, 05:59
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    The dividend yield is 10.71%

    Explanation:

    The dividend yield is computed as:

    Dividend yield = Current dividend + Rise in dividend / Current stock price

    where

    Current dividend is $15.64

    Dividend will increase by $3.64

    Current stock price is $179.90

    Putting the values above:

    = $15.64 + $3.64 / $179.90

    = $19.28 / $179.90

    = 10.71%

    Note: The current stock price is taken from the stock market summary
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