The Moreau Corporation is paying an annual dividend of $0.65 per share. If the price of a share of the stock is $81.25, what is the dividend yield on the stock?

Intermediate Financial Management (MindTap Course List)
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ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
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Chapter8: Basic Stock Valuation
Section: Chapter Questions
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The Moreau Corporation is paying an annual dividend of $0.65 per share. If the price of a share of the stock is $81.25, what is the dividend yield on the stock?

 

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