Question
Currently Digby is paying a dividend of $16.59 (per share). If this dividend were raised by $3.64, given its current stock price what would be
Currently Digby is paying a dividend of $16.59 (per share). If this dividend were raised by $3.64, given its current stock price what would be the Dividend Yield?
Old Div+Increase in Dividend=New Div, Div Yield=New Div/Closing stock price
9.8%
11.9%
$20.23
$3.64
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Linear Algebra and Its Applications
Authors: David C. Lay
4th edition
321791541, 978-0321388834, 978-0321791542
