A corporation paid $1.20 in cash dividends per share. Its earnings per share are $4.80, and its market price per share is $40.00. What is its dividend yield?
A corporation paid $1.20 in cash dividends per share. Its earnings per share are $4.80, and its market price per share is $40.00. What is its dividend yield?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please provide this question answer what is its dividend yield ? General accounting question
Transcribed Image Text:A corporation paid $1.20 in cash dividends per share. Its earnings per
share are $4.80, and its market price per share is $40.00.
What is its dividend yield?
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