You own 400 shares of Western Feed Mills stock valued at $51 20 per share What is the dividend yield if your annual dividend income is $352 A 1 68 percent B 1 72 percent C 1 83 percent D 1 13 percent E 1 21 percent ...

B 172 percent Computation of the Dividend Yield Given inform ...

You own 400 shares of Western Feed Mills stock valued at $51.20 per share. What is the

Question:

You own 400 shares of Western Feed Mills stock valued at $51.20 per share. What is the yield if your annual income is $352?
A. 1.68 percent
B. 1.72 percent
C. 1.83 percent
D. 1.13 percent
E. 1.21 percent

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...