You purchased 200 shares of stock at a price of $45.36 per share. Over the last year, you have received total dividend income of $205. What is the dividend yield?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter14: Corporation Accounting
Section: Chapter Questions
Problem 21EA: James Corporation earned net income of $90,000 this year. The company began the year with 600 shares...
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You purchased 200 shares of stock at a price of $45.36 per share. Over the last year, you have received total dividend income of $205. What is the dividend yield?

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