General accounting ABC Technologies Inc. is paying a dividend of $3.50 pershare on its common stock. The stock is currently pricedat $75.00 per share.What is the dividend yield for ABC Technologies Inc.?

We have Given Information:Dividend per share = $3.50Current stock price = $75.00We are asked to…

Answered: ABC Technologies Inc. is paying a…

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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ABC Technologies Inc. is paying a dividend of $3.50 per share on its common stock. The stock is currently priced at $75.00 per share. What is the dividend yield for ABC Technologies Inc.?