On December 31, 2018, a share of a cosmetics company was worth $53.85. If the company paid a year-end dividend of $4.75 per share, what is the dividend yield of the shares of the company?
8.97%
9.04%
8.82%
9.16%
8.89%
4 answers
4.75*100/53.85=
The equation above is correct.
But in other words the answer is 8.2%
But in other words the answer is 8.2%
8.82%
It is 8.82%
1 answer