Question 3 Zion has 121 shares of company LMN stock. LMN issued dividend payments every quarter that totaled $1.19 per share for the entire year. The current price for LMN stock is $34.87 per share. What is the current dividend yield for LMN stock? Round your answer to the hundredth of a percent. Input just the number. Do not input the percent sign. Do not use a comma. Example: 3.27
Question 3 Zion has 121 shares of company LMN stock. LMN issued dividend payments every quarter that totaled $1.19 per share for the entire year. The current price for LMN stock is $34.87 per share. What is the current dividend yield for LMN stock? Round your answer to the hundredth of a percent. Input just the number. Do not input the percent sign. Do not use a comma. Example: 3.27
Chapter11: The Cost Of Capital
Section: Chapter Questions
Problem 10PROB
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Question 3
Zion has 121 shares of company LMN stock. LMN issued dividend payments every quarter that totaled $1.19 per share for the entire year. The current price for LMN stock is $34.87 per share. What is the current dividend yield for LMN stock?
Round your answer to the hundredth of a percent. Input just the number. Do not input the percent sign. Do not use a comma. Example: 3.27
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