Question

A certain financial institution declared Php 57.00 dividend per share for its common stock. The market value of the stock is Php 198.00. Determine the stock yield ratio. (percentage with 2 decimal places)

Answer 1

Answer:

28.79

Step-by-step explanation:

The dividend share is Php 57

The Market value for the stock is Php 198

Therefore the stock yield ratio can be calculated as follows

= 58/198

= 0.2879 × 100

= 28.79

Hence the dividend stock yield ratio is 28.79