Determine McDonald’s Corporation’s dividend yield. (Round to one decimal place.)
Answer:
Dividend Yield = Cash Dividends per Share of Common Stock
Market Price per Share of Common Stock
Dividend Yield = $2.44
$93.49 = 2.6%
EX 15-25 Dividend yield
At the market close on October 27 of a recent year, McDonald’s Corporation had a closing stock price of $93.49. In addition, McDonald’s Corporation had a dividend per share of $2.44 during the previous year.
Determine McDonald’s Corporation’s dividend yield. (Round to one decimal place.)
Answer:
Dividend Yield = Cash Dividends per Share of Common Stock
Market Price per Share of Common Stock
Dividend Yield = $2.44
$93.49 = 2.6%
Determine McDonald’s Corporation’s dividend yield. (Round to one decimal place.)
Answer:
Dividend Yield = Cash Dividends per Share of Common Stock
Market Price per Share of Common Stock
Dividend Yield = $2.44
$93.49 = 2.6%