Question

Assume Andrews is paying a dividend of $1.38 (per share). If this dividend stayed the same,...

Assume Andrews is paying a dividend of $1.38 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?

Stock Market Summary
Company Close Change Shares MarketCap ($M) Book Value EPS Dividend Yield P/E
Andrews $85.19 $15.17 1,990,360 $170 $48.78 $7.13 $0.00 0.0% 11.

A.) 1.91%

B.) 1.47%

C.) 68.5%

D.) 1.17%

0 0
Add a comment Improve this question Transcribed image text
Answer #1
B 1.47%
Price of share                          85.190000
Price increase(85.19*10%)                                 8.5190
Price after 10% increase                               93.7090
Dividend                                        1.38
Dividend Yield = Dividend/Price = 1.38/93.7090                               0.01473
Add a comment
Know the answer?
Add Answer to:
Assume Andrews is paying a dividend of $1.38 (per share). If this dividend stayed the same,...
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
ADVERTISEMENT