You purchased 100 shares of stock at a price of $35 72 per share Over the last year, you have received total dividend income of $312 What is the dividend yield A 3 2 B 4 4 C 8 7 D 9 2 E 11 4 ...

You purchased 100 shares of stock at a price of $35.72 per share. Over the last year,

Question:

You purchased 100 shares of stock at a price of $35.72 per share. Over the last year, you have received total income of $312. What is the yield?
A. 3.2%
B. 4.4%
C. 8.7%
D. 9.2%
E. 11.4%
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...