Harrison Enterprises paid $1.50 in cash dividends per share. Its earnings per share (EPS) is $5.25, and its market price per share is $46.00. What is its dividend yield?
Harrison Enterprises paid $1.50 in cash dividends per share. Its earnings per share (EPS) is $5.25, and its market price per share is $46.00. What is its 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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Transcribed Image Text:Harrison Enterprises paid $1.50 in cash dividends per
share. Its earnings per share (EPS) is $5.25, and its
market price per share is $46.00.
What is its dividend yield?
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