Solved: Determine the dividend yield for microsoft on december 31, Accounting Basics

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Determine the dividend yield for microsoft on december 31

Dividend yield

The market for Microsoft Corporation closed at $19.40 and $30.48 on December 31, 2008, and 2009, respectively. The dividends per share were $0.46 for 2008 and $0.52 for 2009.

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

b. Interpret these measures.

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Accounting Basics: Determine the dividend yield for microsoft on december 31

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Accounting Basics: Determine the dividend yield for microsoft on december 31

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