Question

52-Week Price Net Chg PM Hi 64.60 Lo 47.80 10 Div Yld % 1.9 1.8 145.94 70.28 PE Ratio 235.6 70.9 23.8 17.6 15.5 Stock (Div) Abbott 1.12 Ralph Lauren 2.50 IBM 6.30 Duke Energy 3.56 Disney 1.68 Close Price 62.91 139.71 145.39 74.30 ?? .62 171.13 139.13 4.3 91.80 71.96 4.9 113.19 96.20 1.7 10 Find the quote for the Duke Energy. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the lowest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Highest dividend yield b. Lowest dividend yield

Answer 1

a. Highest dividend yield = D / P_Low

Highest dividend yield = $3.56 / $71.96

Highest dividend yield = 0.0495 or 4.95%

b. Lowest dividend yield = D / P_High

Lowest dividend yield = $3.56 / $91.80

Lowest dividend yield = 0.0388 or 3.88%