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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%

Respuesta :

Samawati

Answer:

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 %

Answer: c) 9.9%

Explanation:

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