Question

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?​

Answer 1

Explanation:

%($4.75 divided by 53.85) or is it the other way around. I always get these confuzzled.

Hope this helps some. That is the equation to solve for it. Sorry I wasn't much help on this subject

Answer 2

it is 8.82% i did the test