Jorge Holdings Inc. has preferred stock with a current price of $25 and pays a dividend of $1.80 per year. What is its dividend yield?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 8P
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What is its dividend yield on these financial accounting question?

Jorge Holdings Inc. has preferred stock with a current price of
$25 and pays a dividend of $1.80 per year.
What is its dividend yield?
Transcribed Image Text:Jorge Holdings Inc. has preferred stock with a current price of $25 and pays a dividend of $1.80 per year. What is its dividend yield?
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