Answer:
Yield per share = 7.68% (Approx.)
Step-by-step explanation:
Given:
Dividend paid = $4.15
Price per dividend = $54
Find:
Yield per share
Computation:
Yield per share = [Dividend paid / Price per dividend]100
Yield per share = [4.15 / 54]100
Yield per share = [0.0768]100
Yield per share = 7.68% (Approx.)
