Answered: SSS Limited paid a dividend of ₱434 per…

SSS Limited paid a dividend of ₱434 per share last year. If yesterday’s last price was ₱4,650, what is the current yield on the stock?

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter8: Basic Stock Valuation

Section: Chapter Questions

Problem 2P

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1. SSS Limited paid a dividend of ₱434 per share last year. If yesterday’s last price was ₱4,650, what is the current yield on the stock?

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