You Own 850 Shares of Western Feed Mills Stock Valued

Multiple Choice

You own 850 shares of Western Feed Mills stock valued at $53.15 per share. What is the dividend yield if your total annual dividend income is $1,256?

A) 2.67 percent
B) 2.78 percent
C) 1.83 percent
D) 2.13 percent
E) 2.54 percent