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georgia owns 500 shares in a large company which have a total valgue of 8950. georgia receive a dividend payment of $1.08 per share. what is the dividend yield on her share

Sagot :

Answer:

6.04%

Step-by-step explanation:

To calculate the dividend yield on Georgia's shares, we can use the following formula:

Dividend Yield

=

(

Annual Dividend per Share

Price per Share

)

×

100

Dividend Yield=(

Price per Share

Annual Dividend per Share

​

)×100

Given:

Georgia owns 500 shares.

The total value of these shares is $8,950.

Georgia receives a dividend payment of $1.08 per share.

First, we need to determine the price per share:

Price per Share

=

Total Value

Number of Shares

=

8

,

950

500

=

17.90

Price per Share=

Number of Shares

Total Value

​

=

500

8,950

​

=17.90

Now, we can calculate the dividend yield:

Dividend Yield

=

(

1.08

17.90

)

×

100

≈

6.04

%

Dividend Yield=(

17.90

1.08

​

)×100≈6.04%

So, the dividend yield on Georgia's shares is approximately 6.04%

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