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Wakon Company earned $4.95 per share and paid dividends of $2.10 per share. The company reported a dividend yield of 5 percent. What was the price of Wakon's stock?

Wakon Company earned $4.95 per share and paid dividends of $2.10 per share. The company reported a dividend yield of 5 percent. What was the price of Wakon's stock?
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5 votes
Wakon Company earned $4.95 per share and paid dividends of $2.10 per share. The company reported a dividend yield of 5 percent. What was the price of Wakon's stock?

asked
User Mona
by
7.4k points

1 Answer

4 votes

Answer:

$2.85

Step-by-step explanation:

Because wakon $4.95 have

dividend to $2.10

answered
User Fobbymaster
by
8.3k points
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