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26 July, 16:36

Last year, Shadow Corporation's dividend on common stock was $9.90 per share and the dividend on preferred stock was $1.00 per share. The market price of common stock at the end of the year was $68.10 per share. The dividend yield ratio is closest to

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  1. 26 July, 20:26
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    Dividend yield ratio = Dividend per share/Market price per share x 100

    Dividend yield ratio = $9.90/$68.10 x 100

    Dividend yield ratio = 14.54%

    Explanation:

    Dividend yield ratio is the relationship between dividend per share and market price per share.
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