A company currently has earnings of $4 and pays a $.50 quarterly dividend. If the market price is $40, what is the current yield?
A) 10%.
B) 15%.
C) 5%.
D) 1%.
Answer: C) 5%.
Investments MCQ
Equity Securities
A company currently has earnings of $4 and pays a $.50 quarterly dividend. If the market price is $40, what is the current yield?