In 2012,P Co Declared Dividends Totalling

Multiple Choice

In 2012,P Co declared dividends totalling $.52 per common share when earnings per share were $1.31 and its market price was 40 7/16.In 2011,its dividends totalled $.46 per share,its earnings per share were $1.36 and its market price was 34 11/16.What was the computed dividend yield ratio for 2012 and 2011 respectively?

A) 1.8% and 1.9%
B) 1.3% and 1.3%
C) 1.7% and 1.3%
D) 2.1% and 2.3%