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Ace widget, inc. has one million shares of Common stock outstanding at a price per share of $85. The company earned $5 million after taxes.
Ace widget, inc. has one million shares of Common stock outstanding at a price per share of $85. The company earned $5 million after taxes. The annual dividend is $3.50 per share. The firm has assets of $125,000,000 and liabilities of $25,000,000. What is the dividend yield?
A-3.44%
B-3.50%
C-4.12%
D-1.43%
E-5.00%
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