The recent market price per share and dividend per share are provided for five large financial services

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The recent market price per share and dividend per share are provided for five large financial services and insurance companies traded on the New York Stock Exchange in the following table:


The recent market price per share and dividend per share


a. Determine the dividend yield for the five companies. Round percentages to two decimal places.
b. Why are the dividend yields different, even though these companies are from the same industry?
c. Should you avoid investing in a company with a low dividendyield?

Dividend Yield
Dividend yield refers to a stock's annual dividend payments to shareholders, expressed as a percentage of the stock's current price. The dividend per share that a company pays divided by the share price. This is reported on the financial statements...
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Related Book For  book-img-for-question

Financial Accounting An Integrated Statements Approach

ISBN: 978-0324312119

2nd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

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