Last year, Luka Dončić paid $40.71 for shares of BioSteel. Afterward, he received a dividend of $1.47 per share. What is Luka Dončić’s dividend yield if, at the end of the year, BioSteel shares closed at $46.21? a. 3.61% b. 17.12% c. 13.51% d. 4.33% e. 3.97%

Last year, Luka Dončić paid $40.71 for shares of BioSteel. Afterward, he received a dividend of $1.47 per share. What is Luka Dončić’s dividend yield if, at the end of the year, BioSteel shares closed at $46.21? a. 3.61% b. 17.12% c. 13.51% d. 4.33% e. 3.97%

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 5P

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Question

a. 3.61%

b. 17.12%

c. 13.51%

d. 4.33%

e. 3.97%

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