Solved

A Corporation Paid a Cash Dividend of $0

Question 49

Essay

A corporation paid a cash dividend of $0.85 per share during the current year.It had 1,550,000 common shares outstanding at year-end,its current year earnings per share was $3.45,and the stock's year-end market price was $10.63 per share.Calculate the company's dividend yield.

Correct Answer:

verifed

Verified

Dividend Yield = Cas...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions