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Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094

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BuyFindarrow_forward

Accounting

27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

The dividend yield of Suburban Propane was 10.2% in a recent year, and the dividend yield of Google was 0% in the .same year. What might explain the difference between these ratios?

To determine

Dividend yield: Dividend yield ratio is determined to evaluate the relationship between the annual dividend per share and the market price per share.

Formula:

Dividend yield = Annual dividend per shareMarket price per share×100

Explanation

Dividend yield for for SP is 10.2% and for G is 0%. The dividend yield is used to measure the return on stockholders’ equity and thus, received from cash dividend...

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