The stock of Southern United is priced at $40 a share and a dividend yield of 2.1

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The stock of Southern United is priced at $40 a share and a dividend yield of 2.1 percent. The firm pays constant annual dividends. What is the amount of the next dividend per share?

a. $0.021

b. $0.210

c. $0.966

d. $0.096

e. $0.219

Related Book For answer-question

Essentials of Statistics for Business and Economics

ISBN: 978-1305081598

7th edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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Posted Date: Jan 03, 2021 08:43 PM

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The stock of Southern United is priced at $40 a share and a dividend yield of 2.1

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