You purchased 580 shares of stock at a price of $59.37 per share. Over the last year, you have received total dividend income of $680. What is the dividend yield?

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16-08-2022
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You purchased 580 shares of stock at a price of $59.37 per share. Over the last year, you have received total dividend income of $680. What is the dividend yield?

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arshikhan8123 arshikhan8123 · Answer 1 · 2022-08-19T10:24:24+02:00

You purchased 580 shares of stock at a price of $59.37 per share. Over the last year, you have received a total dividend income of $680, then the dividend yield is 1.2%.

Dividend Yield = (Dividend/Your Shares)/PPS

The dividend yield is an economic ratio that tells you the proportion of a business enterprise's share price that it pays out in dividends every 12 months.

Dividend yield can help investors evaluate the potential income for each dollar they make investments, in and decide the risks of investing in a particular company. an amazing dividend yield varies depending on marketplace situations, but a yield between 2% and 6% is considered ideal.

The dividend yield or dividend–price ratio of a percentage is the dividend in step with share, divided by the rate in step with percentage. it's also an organization's total annual dividend bills divided by its marketplace capitalization, assuming the range of stocks is steady. it is regularly expressed as a percentage.

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