Finance question dividend

Business & Finance
Tutor: None Selected Time limit: 1 Day

Currently Digby is paying a dividend of $2.75 (per share). If this dividend were raised by $3.64, given a current stock price of $41.50, what would Digby’s Dividend Yield be?

Jun 22nd, 2015

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Jun 22nd, 2015

Dividend Yield = annual dividend per share / stock's price per share

Dividend Yield = (2.75+3.64) / 41.5

                          = 0.1539

Jun 22nd, 2015

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