A company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized,...
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Accounting
A company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock. The earnings per share is $4.53. The current market value of the stock is $20.00. The dividend yield is:
22.7%.
12.1%.
4.2%.
3.9%.
2.8%.
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