the sawnee company paid a dividend of $0.42 per share last year. if the current selling price of the stock is $27.38 what is the current yield on the stock

Answer 1

0.42 / 27.38 = 0.0153 = 1.53%

Answer 2

Rate of income generated from astock in the form of regular dividends and it is represented in percentage. it is calculated as
annual dividend payment/current share price of stock,so the answer is
=.42/27.38=.01534
=.01534x100=1.53