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Philips Co has $ 3,000,000 of ordinary 50c shares in issue. Some of Its results for the year ended 31 December 20X5 are as follows:

Philips Co has $ 3,000,000 of ordinary 50c shares in issue. Some of Its results for the year ended 31 December 20X5 are as follows: Profit before taxation =$ 770000.0, Taxation = 232,000andtotalordinarydividend= 221,760. The market price per share is currently $ 0.72. What is the dividend yield of Philips Co?

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