3. Currently Andrews is paying a dividend of $14.88 (per share). If this dividen

Question

3. Currently Andrews is paying a dividend of $14.88 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?

Select: 1 15.6% $3.64 $18.52 12.5%

Company Close Change Shares MarketCap ($M) Book Value EPS Dividend Yield P/E Andrews $118.61 $21.83 2,051,289 $243 $32.81 $15.00 $14.88 12.5% 7.9 Baldwin $158.14 $52.85 1,821,954 $288 $51.97 $20.36 $17.26 10.9% 7.8 Chester $37.27 $15.06 3,213,265 $120 $25.81 $3.12 $2.41 6.5% 11.9 Digby $38.19 $10.98 3,235,789 $124 $32.48 $2.21 $0.00 0.0% 17.3

Explanation / Answer

1.15.6%.

yield = (existing dividend + dividend raised) / closing price*100

=> (14.88 + 3.64) / $118.61*100

=>15.6%.........(rounded to one decimal).

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.