A company reports basic earnings per share of $3.50, cash dividends - 15743

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yousafbhutta

yousafbhutta

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  • Posted on: Tue 19 Mar, 2013
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Request Description

A company reports basic earnings per share of $3.50, cash dividends per share of $0.75, and a market price per share of $64.75. The company's dividend yield equals:
 
5.41%.
 
1.16%.
 
2.14%.
 
18.50%.
 
4.67%.
                                       

Solution Description

 

A company reports basic earnings per share of $3.50, cash dividends per share of $0.75, and a market price per share of $64.75. The company's dividend yield equals: