Question

please check my answer thanks :)

The Klien company paid a diividend of $.42 per share last year . The current selling price of the stock is $27.38. the current yeild on the stock is...

my answer is 6.5%

Answer 1

6.5% of $27.38 = $1.78

To find the current yield, divide $0.42 by $27.38.

Answer 2

I did it again I got 1.5 % as the current yeild on the stock