The Following Information Is Available for Meyer Company Which of the Following Statements Is Correct?
A) the Dividend

Multiple Choice

The following information is available for Meyer Company: $$\begin{array} { l r } \text { Dividends per share of common stock } & \$ 1.80 \\\text { Market price per share of common stock } & \$ 30.00\end{array}$$
Which of the following statements is correct?

A) The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
B) The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
C) The dividend yield is 16.7%, which is of interest to bondholders.
D) The dividend yield is 16.7% which is an important measure of solvency.