Multiple Choice
Use the following information for questions
During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's dividend yield for 2022 is
A) $0.875.
B) 1.1%.
C) 6.0%.
D) 16.7%.
Correct Answer:

Verified
Correct Answer:
Verified
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