Matt Company Paid Out $2

question 126

Multiple Choice

Matt Company paid out $2.30 in dividends per share during 20B. The market price of the share on December 31, 20B was $21.00 per share. There were 15,000 shares of share outstanding for the entire year. What was the dividend yield as of December 31, 20B?

• A) 10.95%
• B) 913.04%
• C) 16.43%
• D) 9.13%