Ovit, Inc. has preferred stock with a price of $21.76 and a dividend of $1.41 per...

Question

Question

Ovit, Inc. has preferred stock with a price of $21.76 and a dividend of $1.41 per year. What is its dividend yield? The divid

business finance

Answer 1

Answer #1

   Dividend Yield
   = Dividend / Price of Preferred Stock * 100
   = $1.41 / $21.76 *100
   = 6.5%

Answer 2

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