Royal Bank of Canada has the following information: Closing price: $124.86 EPS (TTM): $11.44 Forward dividend: $5.12 What is the forward dividend yield? Round your answer to two decimal points.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Royal Bank of Canada has the
following information:
Closing price: $124.86
EPS (TTM): $11.44
Forward dividend: $5.12
What is the forward dividend yield?
Round your answer
to two decimal points.
Transcribed Image Text:Royal Bank of Canada has the following information: Closing price: $124.86 EPS (TTM): $11.44 Forward dividend: $5.12 What is the forward dividend yield? Round your answer to two decimal points.
a.
b.
C.
d.
e.
None of the choices is correct.
11.445%
4.10%
9.16%
11.44%
Transcribed Image Text:a. b. C. d. e. None of the choices is correct. 11.445% 4.10% 9.16% 11.44%
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