Corporation X, with a current market value of P62, gave a dividend of P9 per share for its common stock. Corporation Y, with a current narket value of P90, gave a dividend of P11 per share. Which company has higher stock yield ratio?

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
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Corporation X, with a current market value of P62, gave a dividend
of P9 per share for its common stock. Corporation Y, with a current
market value of P90, gave a dividend of P11 per share. Which
company has higher stock yield ratio?
Transcribed Image Text:Corporation X, with a current market value of P62, gave a dividend of P9 per share for its common stock. Corporation Y, with a current market value of P90, gave a dividend of P11 per share. Which company has higher stock yield ratio?
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