Gwen owns 357 shares of common stock in a software company. The software company recently paid a cash dividend of $3.75 per share.
If the current price of the stock is $14.75, what is the dividend yield of the stock?
25.42%
2.54%
1.27%
12.71%
????
3 answers
(3.75 / 14.75) * 100%
25.42%
25.42%