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Dividend per share is 8.6 cents and the current share price is 204 cents . What is the dividend yield?

Accounting Financial Reporting Financial Management Economics
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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2016/04/29
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KHALID HAMID SIDDIQUI
by KHALID HAMID SIDDIQUI , Assistant Manager , Toyota - Indus Motor Company

Dividend per share = 8.6 cents

Share price = 204 cents 

Dividend yield = 8.6 / 204 

                           =  0.042

abdul wahid
by abdul wahid , Instructor , American University

The dividend yield  would be 8.6c divide into share price in this case it is 204 c, therefore answer is 4.2%

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