Bright Wave Technologies paid $60,000 in total dividends on 30,000 outstanding common shares. The stock is currently trading at $95 per share. What is Bright Wave Technologies' dividend yield?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
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What is bright wave technologies dividend yield?

Bright Wave Technologies paid $60,000 in total dividends on
30,000 outstanding common shares. The stock is currently trading
at $95 per share. What is Bright Wave Technologies' dividend
yield?
Transcribed Image Text:Bright Wave Technologies paid $60,000 in total dividends on 30,000 outstanding common shares. The stock is currently trading at $95 per share. What is Bright Wave Technologies' dividend yield?
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