Spongebob9651 Spongebob9651

01-07-2021
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Over the last year, Calzone Corporation paid a quarterly dividend of $0.10 in each of the four quarters. The current stock price of Calzone Corporation is $39.78. What is the dividend yield for Calzone stock

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Parrain Parrain

03-07-2021

Answer: 1.0%

Explanation:

Dividend yield = Annual dividend / Current stock price

Annual dividend = (0.10 * 4 quarters)

= $0.40

Dividend yield = 0.40 / 39.78

= 1.0%

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