# Dividend yield On June 30, Setzer Corporation had a market price of $100 per share of common stock. For the previous year, Setzer paid an annual dividend of$4.00. Compute the dividend yield for Setzer Corporation.

### Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

### Accounting

27th Edition
WARREN + 5 others
Publisher: Cengage Learning,
ISBN: 9781337272094

#### Solutions

Chapter
Section
Chapter 15, Problem 15.6APE
Textbook Problem

## Dividend yieldOn June 30, Setzer Corporation had a market price of $100 per share of common stock. For the previous year, Setzer paid an annual dividend of$4.00. Compute the dividend yield for Setzer Corporation.

Expert Solution
To determine

Dividend yield: This is the ratio which measures the amount of dividends paid relative to the market price.

Formula for dividend yield:

Dividend yield = Dividend price per share of common stockMarket price per share of common stock

To determine: The dividend yield for Corporation S

### Explanation of Solution

Determine the dividend yield for Corporation S, if annual dividend of common stock was $4 per share and market price per share of common stock was$100.

DividendÂ yieldÂ =Â DividendÂ priceÂ perÂ shareÂ ofÂ commonÂ stock

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