OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per...

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OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per...

OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per year. What is its dividend yield?

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Answer 1

Answer #1

Dividend yield:

= Expected dividend/Share price

= $1.46/$20.87

= 7.00%

Hence, Dividend yield is 7.00%

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Answer 2

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OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per...

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OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per...

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OVT Inc has preferred stock with a price of $20.87 and a dividend of $1.46 per...