Uncover valuable information and solutions with IDNLearn.com's extensive Q&A platform. Ask your questions and receive comprehensive, trustworthy responses from our dedicated team of experts.

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

Sagot :

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%