Suppose That the Annual Dividend Per Share of Stock Is

question 54

Multiple Choice

Suppose that the annual dividend per share of stock is $4.40 and the closing price of the stock is $82.50, the yield of the stock would be

• A)13.3%
• B)5.3%
• C)23.6%
• D)10.7%

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Definitions:

Corporate Restructuring

The process of reorganizing the structure of a corporation to increase profitability, efficiency, or adapt to a changing environment.

Demotion

A reduction in rank, position, or status of an employee within an organization.

Reducing Headcount

A strategy used by businesses to lower expenses by decreasing the number of employees through layoffs, attrition, or retirements.

White Knights

Third-party entities that come to the rescue of a company facing a hostile takeover by making a more favorable offer.