Fortunade Corporation Stock Has a Price of $100 Per Share,a

question 145

Multiple Choice

Fortunade Corporation stock has a price of $100 per share,a dividend of $1.60 per share,and retained earnings of $2.00 per share.The dividend yield on this stock is

• A)2.8 percent.
• B)2.0 percent.
• C)1.6 percent.
• D)0.4 percent.

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Definitions:

Union Organizing Campaign

A coordinated effort aimed at convincing workers to join or form a union to negotiate collectively with their employer.

Organizations

Groups of people who work together in an organized way for a shared purpose.

Wagner Act

A foundational statute in United States labor law which guarantees basic rights of private sector employees to organize into trade unions, engage in collective bargaining, and take collective action such as strikes.

Taft-Hartley Act

A United States federal law that restricts the activities and power of labor unions.