What is the dividend yield on Stock A that sells at$20/share, when Company A pays a quarterlydividend of $0.15 per share?dividend yield =[?]%Give your answer as a percent rounded to thenearest tenth.annual dividendshare priceHint: Dividend Yield%3DEnter

Given Share Price =$20/Share Dividend =$0.15 per share per quarter

Answered: What is the dividend yield on Stock A…

What is the dividend yield on Stock A that sells at $20/share, when Company A pays a quarterly dividend of $0.15 per share? dividend yield = [?]% %3D

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter7: Common Stock: Characteristics, Valuation, And Issuance

Section: Chapter Questions

Problem 8P

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Concept explainers

Stock Yields

The stock yield is otherwise known as the dividend yield. The dividend yield is an annual payment of the stock dividends to the holder of a firm’s stock. The dividend yield is a financial ratio to measure the value of dividend payout every year for the relative stock price. The yield of a stock is usually shown in a percentage that discloses the expected future earnings from stock depending on the current stock price in the future. Stock yield will change depending on the market fluctuations and in accordance with the market fluctuations, the dividends will be increased or decreased by the firm.

Question

What is the dividend yield on Stock A that sells at
$20/share, when Company A pays a quarterly
dividend of $0.15 per share?
dividend yield =[?]%
Give your answer as a percent rounded to the
nearest tenth.
annual dividend
share price
Hint: Dividend Yield
%3D
Enter

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