~~~J~~~ asked:
Example:
If a company paid a dividend of $5.10 per share and the yield was 8.14%, how much is the stock currently trading at?
Dividend divided by stock price equals yield (%)
Thank you!
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stock trading
The formula for calculation of Yield is as follows:
Yield (%) = Dividend per share/Current market price of share
So in this case, current trading price is = $5.10/8.14% = $62.65
Cheers
Ajay
Caffeinated Content – Members-Only Content for WordPress
stock price equals Dividend divided by yield (%)