14. Financial Statement Analysis
Ratios: Dividend Yield Ratio
Multiple Choice
Multiple ChoiceDuring the current year, PayCo declared and paid a cash dividend of $600,000. The number of shares of common stock outstanding is 1,000,000. If the current market price of the stock is $15, what is the dividend yield ratio?
A
2%
B
4%
C
8%
D
12%
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