A certain financial institution declared Php 57.00 dividend per share for its common stock. The market value of the stock is Php
198.00. Determine the stock yield ratio. (percentage with 2 decimal places)
1 answer:
Answer:
28.79
Step-by-step explanation:
The dividend share is Php 57
The Market value for the stock is Php 198
Therefore the stock yield ratio can be calculated as follows
= 58/198
= 0.2879 × 100
= 28.79
Hence the dividend stock yield ratio is 28.79
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Step-by-step explanation:
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