Question

a company reports basic earnings per share of $5.50, cash dividends per share of $2.25, and a market price per share of $65.75. the company's dividend yield equals: multiple choice 3.42%. 3.15%. 12.17%. 8.22%. 3.18%.

Answer 1

Answer: A.) 3.42%

Step-by-step explanation:

Dividend yield % = Dividend per share/market price share x 100

= $ 2.25/ $ 65.75 x 100

= 0.03422 x 100

= 3.42 %