McDonald's Corporation paid cash dividends of ($ 0.782 / 3) ( 78 and (2 / 3) cents)

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McDonald's Corporation paid cash dividends of \(\$ 0.782 / 3\) ( 78 and \(2 / 3\) cents) per share when the market price of the company's stock was \(\$ 58\). What was the dividend yield on McDonalds' stock? What does dividend yield measure?

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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