Use the daily stock quotation below to answer the following questions. ABC Ltd. recently paid a dividend

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Use the daily stock quotation below to answer the following questions.

Vol 52 wk Day high Day Net P/E high Stock Ticker close ch Yield ch 00s low low (.0071) 2785 (0.75) ABC Ltd. $104.10 ? 79


ABC Ltd. recently paid a dividend of $1.70 per share. What is the current dividend yield for ABC Ltd. (ABC) based on the stock’s recent closing price? What is your estimate of ABC’s earnings per share for the year based on the recent closing price? Based on the net change listed above, at what price did ABC close yesterday?

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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Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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