Criptonite Corporation Paid a Cash Dividend of $0

question 186

Short Answer

Criptonite Corporation paid a cash dividend of $0.58 per share.It had 650,000 shares outstanding.Its earnings per share were $4.85 and the market price was $19.50 per share.Calculate the dividend yield.

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Definitions:

Truman Doctrine

A U.S. foreign policy established in 1947, asserting that the U.S. would provide economic and military aid to countries threatened by communism, marking the start of the Cold War era containment strategy.

Mr. X Article

The Mr. X Article, also known as "The Sources of Soviet Conduct," was an influential 1947 essay written by George F. Kennan under the pseudonym "Mr. X," outlining the strategy of containment of Soviet expansion.

Containment Doctrine

A foreign policy strategy aimed at preventing the spread of communism by providing economic and military aid to countries threatened by Soviet expansion.

National Security Act of 1947

A major restructuring of the United States government's military and intelligence agencies following World War II, creating the Department of Defense, the Central Intelligence Agency (CIA), and the National Security Council (NSC).