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If Survivor, Inc
If Survivor, Inc. stock closed at $22 and the current quarterly dividend is $1.25 per share, what dividend yield would be reported for the stock in The Wall Street Journal?
6.5%
9.1%
22.2%
22.7%
Expert Solution
Computation of Dividend Yield:
Divided Yield = Annual Dividend / Current Stock Price
= ($1.25*4 quarters)/$22
= $5/$22
Dividend Yield = 22.7%
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