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%

  1. 👍 0
  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%

    1. 👍 1
    2. 👎 0
  3. 8.82%

    1. 👍 1
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. statistics

    solve this math statistic problem: an insurance company insures a person's antique coin collection worth $20,000 for an annual premium of $300. If the company figures that the probability of the collection being stolen is 0.002,

  2. Algebra

    Norman and Suzanne own 42 shares of a fast food restaurant stock and 66 shares of a toy company stock. At the close of the markets on a particular day in​ 2004, their stock portfolio consisting of these two stocks was worth

  3. Managerial Economics

    Venture capital (VC) firms are pools of private capital that typically invest in small, fast-growing companies, which usually can’t raise funds through other means. In exchange for this financing, the VCs receive a share of the

  4. Accounting

    E3-5 Drew Carey Company has the following balances in selected accounts on December 31,2008. Accounts Receivable $ -0- Accumulated Depreciation—Equipment -0- Equipment 7,000 Interest Payable -0- Notes Payable 10,000 Prepaid

  1. Finance

    Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next nine years because the firm needs to plow back its earnings to fuel growth. The company will pay a $14 per share dividend

  2. Accounting

    On January 2, Todd Company acquired 40% of the outstanding stock of McGuire Company for $205,000. For the year ending, December 31, McGuire earned income of $48,000 and paid dividends of $14,000. Prepare the entries for Todd

  3. Finance

    Hetfield and Ulrich, Inc., has an odd dividend policy. The company has just paid a dividend of $7 per share and has announced that it will increase the dividend by $5 per share for each of the next 4 years, and then never pay

  4. HBC AND NWC

    how did the old Hudson bay company keep control over the new hudson bay company after the merger with the northwest company? I read over the paragraph several times, and I still cant find the answer to this question. It says

  1. World History

    The _[blank]_ was a company chartered by Queen Elizabeth I for trade with Asia that maintained control over India from 1757 to 1858. Which most accurately completes the sentence? A: British East India Company B: Emden Company C:

  2. Accounting

    O' Hara Company began operations on December 1, 2011. Presented below is selected information related to O' Hara Company at December 31, 2011. Office Equipment ₤ 40,000; Utilities Expense ₤ 6,000; Cash 14,000; Accounts

  3. Accounting 1

    Ethic Case The Controller for Anderson Electric, Ron Foss, is reviewing the year-end adjusting entries prepared by the accounting staff for approval before they are posted to the general ledger. Angela Bennett, the company

  4. accounting

    A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company later returned $250 worth of merchandise and paid the invoice within the 2% cash discount period. What is the total amount

You can view more similar questions or ask a new question.