Question
The Phibbs Company paid total cash of 81,400 on 22,000 outstanding common shares. On the most recent trading day, the common shares sold at $77.
The Phibbs Company paid total cash of 81,400 on 22,000 outstanding common shares. On the most recent trading day, the common shares sold at $77. What is the company's dividend yield?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
