A company's preferred stock pays an annual dividend of $4.00 per share. The stock is currently priced at $80.00. What is the current dividend yield? 8.0% 4.0% O 10.0% 5.0% 12.0%

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A company's preferred stock pays an annual
dividend of $4.00 per share. The stock is
currently priced at $80.00. What is the current
dividend yield?
8.0%
O4.0%
10.0%
5.0%
O 12.0%
Transcribed Image Text:A company's preferred stock pays an annual dividend of $4.00 per share. The stock is currently priced at $80.00. What is the current dividend yield? 8.0% O4.0% 10.0% 5.0% O 12.0%
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