Answered: A company paid $0.76 in cash dividends…

A company paid $0.76 in cash dividends per share. Its earnings per share is $4.48 and its market price per share is $26.50. Its dividend yield equals:

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Question

A company paid $0.76 in cash dividends per
share. Its earnings per share is $4.48 and its
market price per share is $26.50. Its dividend
yield equals:
16.91%.
2.87%.
5.89%.
16.96%.
3.49%.

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