Coca-Cola recently reported dividends per share of U.S. $1.00 and a dividend yield of 1.5%. Pepsi reported

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Coca-Cola recently reported dividends per share of U.S. $1.00 and a dividend yield of 1.5%.
Pepsi reported dividends per share of U.S. $2.15 and a dividend yield of 3.0% for the same period. Can you figure out which company had the higher share price?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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