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The dividend yield is 1.97%
Dividend yield= dividend/ purchase price
Given,
=680/(580*59.37)
=0.019748
=1.97%
The dividend yield or dividend–fee ratio of a percentage is the dividend in step with share, divided by way of the fee in keeping with percentage. It is also a enterprise's total annual dividend payments divided via its market capitalization, assuming the quantity of shares is constant. it is frequently expressed as a percent.
The dividend yield is used to calculate the earning on funding (stocks) thinking about most effective the returns within the form of overall dividends declared by using the organization at some stage in the 12 months.
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