Question

On December 31, 2018, a share of a cosmetics company was worth $53.85. If the company paid a year-end dividend of $4.75 per share, what is the dividend yield of the shares of the company?

8.97%
9.04%
8.82%
9.16%
8.89%

Answer 1

8.82%

Answer 2

It is 8.82%

Answer 3

4.75*100/53.85=

Answer 4

The equation above is correct.

But in other words the answer is 8.2%

Answer 5

[AI-generated answer — Explain Bot]

To calculate the dividend yield, you need to divide the annual dividend per share by the share price, and then multiply the result by 100 to express it as a percentage.

In this case, the annual dividend per share is $4.75, and the share price is $53.85.

Dividend Yield = (Dividend per Share / Share Price) * 100

Dividend Yield = ($4.75 / $53.85) * 100

Dividend Yield = 0.0882 * 100

Dividend Yield = 8.82%

Therefore, the dividend yield of the shares of the company is 8.82%. So, the correct option is 8.82%.