The income statement of Blue Co. in 2021 shows a net Income of P2,400,000. It is the policy of the company to pay an annual cash dividend of P5 per share to common stock. The company has a total of 600,00 outstanding common stocks that is currently trading at P25 per share. What is the Dividend yield? (type the answer in percentage with “%”)

The income statement of Blue Co. in 2021 shows a net Income of P2,400,000. It is the policy of the company to pay an annual cash dividend of P5 per share to common stock. The company has a total of 600,00 outstanding common stocks that is currently trading at P25 per share. What is the Dividend yield? (type the answer in percentage with “%”)

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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