Question

One year ago, you purchased 100 shares of Southern Foods common stock for $42.20 a share.
Today, you sold your shares for $39.70 a share. During this past year, the stock paid $1.40 in dividends per share. What is your dividend yield on this investment?
A. 3.32 percent
B. 3.37 percent
C. 3.44 percent
D. 3.53 percent
E. 3.61 percent

Answer

This answer is hidden. It contains 26 characters.