HomeworkLib
Question

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

business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

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
0 0
Add a comment
Know the answer?
Add Answer to:
You find a stock selling for $91.26 that has a dividend yield of 1.30 percent. What was the last quarterly dividend pai...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

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

  • You find a stock selling for $36.90 that has a dividend yield of 3.85 percent. What...

    You find a stock selling for $36.90 that has a dividend yield of 3.85 percent. What was the last quarterly dividend paid? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  • ou find a stock selling for $85.36 that has a dividend yield of 1.35 percent. What...

    ou find a stock selling for $85.36 that has a dividend yield of 1.35 percent. What was the last quarterly dividend paid? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

  • A particular stock has a dividend yield of 1.7 percent. Last year, the stock price fell...

    A particular stock has a dividend yield of 1.7 percent. Last year, the stock price fell from $84 to $70. What was the return for the year? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

  • A particular stock has a dividend yield of 0.6 percent. Last year, the stock price fell...

    A particular stock has a dividend yield of 0.6 percent. Last year, the stock price fell from $71 to $52. What was the return for the year? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

  • Return to question A particular stock has a dividend yield of 1.1 percent. Last year, the...

    Return to question A particular stock has a dividend yield of 1.1 percent. Last year, the stock price fell from $66 to $49. What was the return for the year? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) points Answer is complete but not entirely correct. Return for the (2.47) ® % year

  • Minder Industries stock has a beta of 1.30. The company just paid a dividend of $.30,...

    Minder Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent. The expected return on the market is 13 percent, and Treasury bills are yielding 5.1 percent. The most recent stock price for the company is $68. a. Calculate the cost of equity using the DCF method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,...

  • Minder Industries stock has a beta of 1.30. The company just paid a dividend of $.30,...

    Minder Industries stock has a beta of 1.30. The company just paid a dividend of $.30, and the dividends are expected to grow at 4 percent. The expected return on the market is 13 percent, and Treasury bills are yielding 6.3 percent. The most recent stock price for the company is $80. a. Calculate the cost of equity using the DCF method. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,...

  • Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15...

    Suppose a stock had an initial price of $87 per share, paid a dividend of $2.15 per share during the year, and had an ending share price of $98. a. Compute the percentage total return. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What was the...

  • Suppose you bought 700 shares of stock at an initial price of $43 per share. The...

    Suppose you bought 700 shares of stock at an initial price of $43 per share. The stock paid a dividend of $0.40 per share during the following year, and the share price at the end of the year was $44. a. What is the capital gains yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) b. What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent...

  • Problem 6-34 Stock Valuation Most corporations pay quarterly dividends on their common stock rather than annual...

    Problem 6-34 Stock Valuation Most corporations pay quarterly dividends on their common stock rather than annual dividends. Barring any unusual circumstances during the year, the board raises, lowers, or maintains the current dividend once a year and then pays this dividend out in equal quarterly installments to its shareholders. a. Suppose a company currently pays an annual dividend of $2.80 on its common stock in a single annual installment, and management plans on raising this dividend by 5 percent per...

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