Ovit, Inc. has preferred stock with a price of $19.05 and a dividend of $1.55 per year

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Ovit, Inc. has preferred stock with a price of $19.05 and a dividend of $1.55 per year

Ovit, Inc. has preferred stock with a price of $19.05 and a dividend of $1.55 per year. What is its dividend yield?

The dividend yield is %

business finance

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Answer 1

Answer #1

Dividend yield =Annual dividend/Current price

Dividend yield =1.55/19.05

Dividend yield =8.14%

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Answer 2

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Ovit, Inc. has preferred stock with a price of $19.05 and a dividend of $1.55 per year

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Ovit, Inc. has preferred stock with a price of $19.05 and a dividend of $1.55 per year

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