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A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is the dividend amount? $1.40 $1.80 $2.20 $2.40 $2.8…

A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is the dividend amount? $1.40 $1.80 $2.20 $2.40 $2.8…
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A stock pays a constant annual dividend and sells for $31.11 a share. if the dividend yield of this stock is 9 percent, what is the dividend amount? $1.40 $1.80 $2.20 $2.40 $2.80

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User Deane
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1 Answer

5 votes
The answer should be $2.80 because $31.11 x 9% = $2.80
answered
User Yanirys
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