Dividend Yield The market price for Macro Corporation closed at $54.03 and $75 on December 31, current year, and previous year, respectively. The dividends per share were $0.67 for current year and $0.75 for previous year. Determine the dividend yield for Macro on December 31, current year, and previous year. Round percentages to two decimal places.
Current year %
Previous year %
Dividend yield can be calculated by dividing annual dividend by current stock price
Dividend yield for current year
Dividend for current year = 0.67
Stock price-: $54.03
Dividend yield for current year-: 1.24%
Dividend yield for previous year
Dividend for current year -: $0.75
Stock price-: $75
Dividend yield for previous year-: 1.00%
Dividend Yield The market price for Macro Corporation closed at $54.03 and $75 on December 31,...
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