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2 December, 09:02

At the end of 2013, Crane Industries Inc.'s stock price was $30.75. A year later it was $34.88. Per share dividends over the year were $0.55, while earnings per share were $1.33. What was the dividend yield in fiscal year 2014

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  1. 2 December, 10:09
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    Dividend yield = 1.6%

    Explanation:

    The dividend yield is an important figure that relates the dividend on a share to the current market price of the shares

    Essentially, it gives an idea of how much return in percentage is earned on a stock in the course of a year.

    It is calculated as

    Dividend yield = dividend / market price * 100

    = 0.55/34.88 * 100

    = 1.6%
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Home » Business » At the end of 2013, Crane Industries Inc.'s stock price was $30.75. A year later it was $34.88. Per share dividends over the year were $0.55, while earnings per share were $1.33. What was the dividend yield in fiscal year 2014
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