At the market close on March 28 of a recent year, McDonald 's Corporation had a closing stock price of $99 69 In addition, McDonald 's Corporation had a dividend per share of $2 87 during the previous year Determine McDonald 's Corporation 's dividend yield (Round to one decimal place ) ...

At the market close on March 28 of a recent year, McDonald's Corporation had a closing stock

Question:

At the market close on March 28 of a recent year, McDonald's had a closing stock price of $99.69. In addition, McDonald's had a per share of $2.87 during the previous year.
Determine McDonald's Corporation's yield. (Round to one decimal place.)
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... 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...