Determine the dividend yield, Financial Accounting

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Determine the dividend yield

Dividend Yield

Response to the following problem:

The market price for Macro Corporation closed at $33.07 and $47.93 on December 31, 2008, and 2009, respectively. The dividends per share were $0.42 for 2008 and $0.58 for 2009.

a. Determine the dividend yield for Macro on December 31, 2008, and 2009. Round percentages to two decimal places.

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Financial Accounting: Determine the dividend yield

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Financial Accounting: Determine the dividend yield

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