Matt Company Paid Out $2

question 59

Multiple Choice

Matt Company paid out $2.30 in dividends per share during 20X2. The market price of the share on December 31, 20X2 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, 20X2?

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

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