Cornware Distributing Paid a Dividend of $0

question 50

Multiple Choice

Cornware Distributing paid a dividend of $0.08, $0.21, $0.11 and $0.17 per share respectively last year. If yesterday's closing price was $35.40, what is the current yield on the stock? (Round to the nearest tenth)

• A) 3.4%
• B) 1.6%
• C) 4.5%
• D) 5.2%

---

Definitions:

Cramps

Involuntary, painful contractions of muscles, often resulting from overuse, dehydration, or mineral imbalance.

Oxygen Deficit

A condition occurring during the onset of exercise where the oxygen supply to the muscles does not meet the oxygen demand.

Anaerobic Metabolism

A form of metabolism that allows cells to produce energy without the need for oxygen, typically resulting in the production of lactate.

Lactate

A compound produced during anaerobic metabolism, often used by muscles as an energy source during intense exercise.