Financial accounting A company pays an annual dividend of $2 per share, and its stock is currently priced at$40pershare. What is the dividend yield?A) 3%•B) 4%•C) 5%•D) 6%

Explanation of Dividend:A dividend is a payment made by a company to its shareholders, usually in…

Answered: A company pays an annual dividend of $2…

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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A company pays an annual dividend of $2 per share, and its stock is currently priced at $40 per share. What is the dividend yield? A) 3% • B) 4% • C) 5% • D) 6%