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  3. a company paid $1.40 in cash dividends per share.

A company paid $1.40 in cash dividends per share. Its earnings per...

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Accounting

A company paid $1.40 in cash dividends per share. Its earnings per share is $3.40, and its market price per share is $30.50. Its dividend yield equals:

4.6%.

2.4%.

41.2%.

24.3%.

11.1%.

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