What is the dividend yield ratio


Information concerning the common stock of Morris Company as of the end of the company's fiscal year is presented below.

Number of shares outstanding 460,000
Par value per share $5.00
Dividends paid per share $6.00
Market price per share $54.00
Earnings per share $18.00

what is the dividend yield ratio ?

 

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Accounting Basics: What is the dividend yield ratio
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