Personal finance....??

Question

n investor in ABC Corporation common stock receives $7.50 per year in dividends on each share of stock she owns. She bought 40 shares 2 years ago for $35 per share. The stock price has now reached $45 per share. The current yield (rounded to the nearest tenth of a percent) is __________ percent.

16.7

18.8

21.4

28.6

Answer 1

Looks like 7.5/45 = 16.7%  Not many companies paying that kind of yield.