XYZ has 40 million shares outstanding trading at $60, with EPS of $2.50 and a P/E multiple of 24. The company earns net income of $200 million for the year and pays out an annual dividend of $1.50 per share. The board of directors is considering a 3 for 2 stock split. 

What is the company's dividend yield after the stock split?

Answer rating: 100% (QA)

Before the stock split the dividend yield can be calculated as follows Dividend ... View the full answer