True/False
A company reports basic earnings per share of $3.50, cash dividends per share of $0.75, and a market price per share of $64.75. The company's dividend yield equals 21.4%.
Dividend yield = cash dividend per share/market price per share
$0.75/$64.75 = 1.16%
Correct Answer:
Verified
Correct Answer:
Verified
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