The stock of a fast-food restaurant chain pays a dividend of $0.67. If the share price for this company is $30.89, what is the dividend yield (as a percent) for the stock? (Round to one decimal place.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter7: Applying Fractions
Section7.6: Percents Problems
Problem 9ST
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The stock of a fast-food restaurant chain pays a dividend of $0.67. If the share price for this company is $30.89, what is the dividend yield (as a percent) for the stock? (Round to one decimal place.)

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