Assume that a firm has a stock price of

$40

. The firm announces that the firm will issue a quarterly dividend of

$0.35

. If the firm is expected to report quarterly earnings of

$0.92

per share what is the firm's dividend yield?\ 38.0 percent\ 3.5 percent\ 9.2 percent\ 12.7 percent

Assume that a firm has a stock price of $40. The firm announces that the firm will issue a quarterly dividend of $0.35. If the firm is expected to report quarterly earnings of $0.92 per share what is the firm's dividend yield? 38.0 percent 3.5 percent 9.2 percent 12.7 percent