Business, 26.02.2020 16:57 luna1742

A company declares a cash dividend that is 10% higher than the previous dividend rate. Prior to the announcement, the annual dividend yield was 8% and the stock was trading at $25 per share. What is the new dividend payment amount per share?

A. $.45
B. $.50
C. $.55
D. $.60

Answers: 3

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A company declares a cash dividend that is 10% higher than the previous dividend rate. Prior to the...

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