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Use the Following Stock Quotes to Answer This Question  52-WEEK \text { 52-WEEK }

question 68

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Use the following stock quotes to answer this question:
 52-WEEK \text { 52-WEEK }
 Company Volume Close Chg  High  Low  Aldridge, Inc.32,653,08034.50.2041.6033.90 Baker Co.11,508,90078.102.3082.3074.60 Chelsea, Inc. 51.873,45048.204.1048.6029.40\begin{array}{lccccc} \text{ Company} & \text{ Volume} & \text{ Close} & \text{ Chg }& \text{ High }& \text{ Low } \\ \text{ Aldridge, Inc.} & 32,653,080 & 34.50 & -.20 & 41.60 & 33.90 \\ \text{ Baker Co.} & 11,508,900 & 78.10 & -2.30 & 82.30 & 74.60 \\ \text{ Chelsea, Inc. }& 51.873,450 & 48.20 & 4.10 & 48.60 & 29.40\end{array}

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Aldridge, Inc., pays an annual dividend of $.72. What is the dividend yield on this stock?


Definitions:

Investment

The act or method of distributing resources, typically funds, with the aim of earning a return or gaining financial profit.

Capital

Financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.

Tangible Capital

Physical assets possessed by a business that are used in producing goods or services, such as buildings or machinery.

Inventory

The total amount of goods or materials contained in a store or factory at any given time.

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