Answered: A company paid $0.76 in cash dividends…

A company paid $0.76 in cash dividends per share. Its earnings per share is $4.48 and its market price per share is $26.50. Its dividend yield equals:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

A company paid $0.76 in cash dividends per
share. Its earnings per share is $4.48 and its
market price per share is $26.50. Its dividend
yield equals:
16.91%.
2.87%.
5.89%.
16.96%.
3.49%.

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