Question

Dividend Yield At the market close on May 12 of a recent year, Sherman Corporation had...

Dividend Yield

At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $230. In addition, Sherman Corporation had a dividend per share of $12.88 during the previous year.

Determine Sherman Corporation’s dividend yield. (Round to one decimal place.)
%

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Dividend yield

= Cash dividend per share/Market price per share

= 12.88/230

= 5.6%

Add a comment
Know the answer?
Add Answer to:
Dividend Yield At the market close on May 12 of a recent year, Sherman Corporation had...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
Active Questions
ADVERTISEMENT