If you give me wrong answer I will give you unhelpful rate for this financial accounting question On December 31, 2014, Santiago's common stock sold for $34 per share, anddividends pershare were 0.60.Compute Santiago's dividend yield during 2014.A. 1.8%B. 3.6%C. 1.4%D. 6%

Step 1: To calculate the dividend yield, we recall its formula.= (dividend per share / current stock…

Answered: On December 31, 2014, Santiago's common…

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

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Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.16E

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On June 17th, 2016 Walmart stock had a price of $71.30, a P/E ratio of 15.7, and a dividend yield of 2.81%. Which of the following statements is correct? The dividend per share was $2 and retained earnings per share was $2.54. The earnings per share was $2.54 and dividend per share was $2. The earnings per share was $4.54 and dividend per share was $2.54. The dividend per share was $4.54 and retained earnings per share was $2.54.
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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%