XYZ Electronics had a stock purchase price of $67.25 per share. The company paid a dividend of $7.80 per share during the year, and the ending share price was $71.10. What is the dividend yield?
XYZ Electronics had a stock purchase price of $67.25 per share. The company paid a dividend of $7.80 per share during the year, and the ending share price was $71.10. What is the dividend yield?
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
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Financial Accounting

Transcribed Image Text:XYZ Electronics had a stock purchase price of $67.25 per share. The company
paid a dividend of $7.80 per share during the year, and the ending share price
was $71.10. What is the dividend yield?
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