You’ve collected the following information from your favorite financial website.

Question

You’ve collected the following information from your favorite financial website.

Find the quote for the Lake Lead Group. Assume that the dividend is constant.

What was the highest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
  
Highest dividend yield             %

  
What was the lowest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
  
Lowest dividend yield             %

52-Week Price Stock (Div) Div Yld % PE Ratio Close Price Net Chg Hi Lo 77.40 10.43 Palm Coal .36 2.6 6 13.90 –.24 56.46 34.07 Lake Lead Grp 2.19 5.3 10 41.08 –.01 130.93 69.50 SIR 2.00 2.2 10 88.97 3.07 50.24 13.95 DR Dime .80 5.2 6 15.43 –.26 35.00 20.74 Candy Galore .32 1.5 28 ?? .18

Explanation / Answer

Highest dividend yield over the past year is:

Dividend yield is the highest when the price of the stock is the lowest,

At 52 week low, the Dividend Yield is:

Dividend Yield = Dividend / Price = $2.19/$34.07 = 0.064279 or 6.43%

Therefore the higest Dividend Yield = 6.43%

Lowest Dividend Yield over the past year:

Just as mentioned above, the Dividend yield is lowest, when the stock price is highest. Taking 52 week high price of the stock:

Dividend Yield = $2.19/$56.46 = 0.038789 or 3.88%

Thus the Lowest Dividend yield = 3.88%

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