Use the daily stock quotation below to answer the following questions. ABC Ltd. recently paid a dividend
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Use the daily stock quotation below to answer the following questions.
ABC Ltd. recently paid a dividend of $1.70 per share. What is the current dividend yield for ABC Ltd. (ABC) based on the stock’s recent closing price? What is your estimate of ABC’s earnings per share for the year based on the recent closing price? Based on the net change listed above, at what price did ABC close yesterday?
DividendA 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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