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You find a stock selling for $91.26 that has a dividend yield of 1.30 percent. What was the last quarterly dividend paid? (Do

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Answer #1
Dividend yield = Annual dividend per share / Market price per share
1.30 % = Annual dividend per share / 91.26
Annual dividend per share = 91.26 * 1.30% 1.18638
Quarterly dividend = Annual dividend per share / = 1.18638 / 4 0.30 /share
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