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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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