Question
Determine the annual dividend and the annual yield to the nearest hundredth of a percent.
Joyce buys 350 shares of KOW, Inc, that has a high of 42.50 per share and a low of 23.60. Last year the company paid annual dividends of $0.58 per share. (a) What is the total annual dividend (b) annual yield based on the low and (c) annual yield based on the high?
Joyce buys 350 shares of KOW, Inc, that has a high of 42.50 per share and a low of 23.60. Last year the company paid annual dividends of $0.58 per share. (a) What is the total annual dividend (b) annual yield based on the low and (c) annual yield based on the high?