The company's dividend yield ratio is closest to:A) 1.7%B) 17.1%C) 1.3%D) 26.3%

Question

Yesenia Benavides · Accepted Answer

Final Answer : C, Explanation :  Dividend Yield Ratio = Annual Dividend per Share / Market Price per ShareUsing the values given in the question, we get:Dividend Yield Ratio = (0.13 / 10) * 100Dividend Yield Ratio = 1.3%Therefore, the closest answer choice is C) 1.3%. Dividend yield ratio = Dividends per share* ÷ Market price per share= $0.05 ÷ $3.76 = 1.33% (rounded)*Dividends per share = Common dividends ÷ Common shares (see above)= $4,500 ÷ 90,000 shares = $0.05 per share (rounded)

The company's dividend yield ratio is closest to:

A) 1.7%
B) 17.1%
C) 1.3%
D) 26.3%

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