Question

You purchased a share of stock for $76. At the end of a quarter, the stock paid a dividend of $0.75, and you sold it for $77 right after receiving the dividend. What was your dividend yield? Round your answer to the nearest tenth of a percent. O none of the choices 0 1.0% 0 1.1% o 0.9%
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Answer #1

Dividend yield = D1/price paid

Dividend yield = 0.75/76 = 0.009868421053 = 0.9868421053%

Dividend yield ~ 1.0% (rounded to the nearest tenth of a percent)

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