The following information is available for Meyer Company:
Dividends per share of common...
The following information is available for Meyer Company:
Dividends per share of common stock $1.80
Market price per share of common stock $30.00
Which of the following statements is correct?
A. The dividend yield is 16.7% which is an important measure of solvency.
B. The dividend yield is 6.0%, which is of special interest to investors seeking to earn revenue on their investments.
C. The dividend yield is 16.7%, which is of interest to bondholders.
D. The dividend yield is 6.0%, which is of interest to investors seeking an increase in market price of their stocks.
Answers: 3
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