A company pays an annual dividend of $3 per share, and the current stock price is $50. What is the dividend yield?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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A company pays an annual dividend of $3 per share, and the current stock price is $50. What is the dividend yield?

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