At the market close on May 12, 2006, Bank of America Corporation had a closing stock price
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At the market close on May 12, 2006, Bank of America Corporation had a closing stock price of $49.69. In addition, Bank of America had earnings per share of $4.05 and dividend per share was $1.95. Determine Bank of America's dividend yield. Round to one decimal place.
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...
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Related Book For
Accounting
ISBN: 978-0324401844
22nd Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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