On December 31, 2014, Santiago's common stock sold for $34 per share, and dividends per share were 0.60. Compute Santiago's dividend yield during 2014. A. 1.8% B. 3.6% C. 1.4% D. 6%
On December 31, 2014, Santiago's common stock sold for $34 per share, and dividends per share were 0.60. Compute Santiago's dividend yield during 2014. A. 1.8% B. 3.6% C. 1.4% D. 6%
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter13: Financial Statement Analysis
Section: Chapter Questions
Problem 13.16E
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
Transcribed Image Text:On December 31, 2014, Santiago's common stock sold for $34 per share, and
dividends per
share were 0.60.
Compute Santiago's dividend yield during 2014.
A. 1.8%
B. 3.6%
C. 1.4%
D. 6%
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