Use the given stock table to find the dividend for ABC Technologies (ABC). 52-Week Yld Vol 100s Close Net High Low Stock SYM Div PE Chg 69.25 47.80 АВСТch АВС 1.76 1.5 17 5915 58.71 1.97 The dividend is $ per share.

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
icon
Related questions
Question
**Understanding Stock Tables: ABC Technologies Example**

The table below provides a snapshot of key financial data for ABC Technologies (ABC). Use it to find important information about dividends and stock performance.

| 52-Week |       |       |     |     |           |    |   |       |            |
|---------|-------|-------|-----|-----|-----------|----|---|-------|------------|
| High    | Low   | Stock | SYM | Div | Yld %     | PE | Vol | Close | Net Chg   |
| 69.25   | 47.80 | ABCTch| ABC | 1.76| 1.5       | 17 | 5915| 58.71 | 1.97      |

- **52-Week High/Low**: The stock price has ranged from a high of $69.25 to a low of $47.80 over the past year.
- **Stock**: The name of the stock is ABCTch.
- **SYM**: The stock symbol for trading is ABC.
- **Div**: The dividend paid per share is $1.76.
- **Yld %**: The dividend yield is 1.5%, which indicates the dividend income relative to the stock price.
- **PE**: The price-to-earnings ratio is 17, which is a measure of stock valuation.
- **Vol**: The volume traded is 591,500 shares (5915 in 100s format).
- **Close**: The closing price of the stock is $58.71.
- **Net Chg**: The stock has changed by $1.97 from the previous close.

**Conclusion**: The dividend for ABC Technologies is **$1.76 per share**.
Transcribed Image Text:**Understanding Stock Tables: ABC Technologies Example** The table below provides a snapshot of key financial data for ABC Technologies (ABC). Use it to find important information about dividends and stock performance. | 52-Week | | | | | | | | | | |---------|-------|-------|-----|-----|-----------|----|---|-------|------------| | High | Low | Stock | SYM | Div | Yld % | PE | Vol | Close | Net Chg | | 69.25 | 47.80 | ABCTch| ABC | 1.76| 1.5 | 17 | 5915| 58.71 | 1.97 | - **52-Week High/Low**: The stock price has ranged from a high of $69.25 to a low of $47.80 over the past year. - **Stock**: The name of the stock is ABCTch. - **SYM**: The stock symbol for trading is ABC. - **Div**: The dividend paid per share is $1.76. - **Yld %**: The dividend yield is 1.5%, which indicates the dividend income relative to the stock price. - **PE**: The price-to-earnings ratio is 17, which is a measure of stock valuation. - **Vol**: The volume traded is 591,500 shares (5915 in 100s format). - **Close**: The closing price of the stock is $58.71. - **Net Chg**: The stock has changed by $1.97 from the previous close. **Conclusion**: The dividend for ABC Technologies is **$1.76 per share**.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Stock Market Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education