On December 31, 2023, Ovitz Corporation's common stock sold for $42 per share, and dividends per share were $0.75. Compute Ovitz Corporation's dividend yield during 2023. A. 1.8% B. 3.2% C. 2.5% D. 5.0%

On December 31, 2023, Ovitz Corporation's common stock sold for $42 per share, and dividends per share were $0.75. Compute Ovitz Corporation's dividend yield during 2023. A. 1.8% B. 3.2% C. 2.5% D. 5.0%

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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Question

Compute Ovitz Corporation's dividend yield during 2023 of this financial accounting question

On December 31, 2023, Ovitz Corporation's common stock
sold for $42 per share, and dividends per share were $0.75.
Compute Ovitz Corporation's dividend yield during 2023.
A. 1.8%
B. 3.2%
C. 2.5%
D. 5.0%

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