Answer
The dividend yield refers to the dividend per share divided by the market price per share.
Work Step by Step
The formula for it is:
Dividend Yield= D/P where
D= Dividends for the period
P=Initial price for the period.
Managerial Accounting (15th Edition)
by Garrison, Ray; Noreen, Eric, Brewer, Peter
Published by
McGraw-Hill Education
ISBN 10:
007802563X
ISBN 13:
978-0-07802-563-1
Chapter 15 - Financial Statement Analysis - Questions - Page 697: 15-5
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