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What is the annual cash dividend yield of the common stock for General Mills? Show calculation...

What is the annual cash dividend yield of the common stock for General Mills? Show calculation please, thanks!

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Answer #1

Price of General mills as on 27th may on closing basis is $52.81

Dividend paid by General mills is $1.96

Thus Dividend yield = Dividend/Current market price of share

=1.96/52.81

=0.03711

=3.711%

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