Question
PB&J Corporation just reported annual net income of $30 million and paid an annual dividend per share of $0.60. The firm has 10 million outstanding
PB&J Corporation just reported annual net income of $30 million and paid an annual dividend per share of $0.60. The firm has 10 million outstanding shares. The market value of PB&Js equity is $120 million. What is PB&Js dividend yield?
4%
5%
10%
8%
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Investment Analysis And Portfolio Management
Authors: Frank K. Reilly, Peggy L. Hedges, Philip Chang, Keith C. Brown, Hedges Reilly Brown
1st Canadian Edition
0176500693, 978-0176500696
