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The Phillips Company Paid Total Cash Dividends of $100,000 on 25,000

Question 86

Multiple Choice

The Phillips Company paid total cash dividends of $100,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at $80. What is this company's dividend yield?


A) 25%
B) 3.2%
C) 5%
D) 16.9%

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