If ABC common stock closed at 20 yesterday and ABC is currently paying a quarterly dividend of $.40, what is the stock's current yield?
A) Less than 1%.
B) Between 1% and 5%.
C) More than 10%.
D) Between 5% and 10%.
Answer: D) Between 5% and 10%.
Investments MCQ
Common Stock
If ABC common stock closed at 20 yesterday and ABC is currently paying a quarterly dividend of $.40, what is the stock's current yield?