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
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%
