A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its dividend yield equals:
A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its dividend yield equals:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
![A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its
dividend yield equals:
Multiple Choice
41.2%.
24.3%.
11.1%.
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Transcribed Image Text:A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its
dividend yield equals:
Multiple Choice
41.2%.
24.3%.
11.1%.
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7 of 30
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2:15 PM
3/28/2022
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