# Math

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%

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2. 👎 0
3. 👁 596
1. 4.75*100/53.85=

1. 👍 3
2. 👎 0
👨‍🏫
bobpursley
2. The equation above is correct.
But in other words the answer is 8.2%

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3. 8.82%

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2. 👎 0

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