Youve collected the following information from your favorite financial Web site.
ID: 2631418 • Letter: Y
Question
Youve collected the following information from your favorite financial Web site. 52-Week Price Stock (Div) DivYld % PE
Ratio Close
Price Net
Chg Hi Lo 13.09 36.99 Arch Coal 0.44 3.0 20.0 14.53 0.25 42.81 32.90 Laclede Grp 1.66 4.0 14.2 41.60 0.31 151.71 194.90 IBM 3.00 1.6 14.7 192.37 1.91 23.44 41.86 JC Penney 0.80 1.9 45.8 41.77 0.35 22.82 29.92 Tootsie Roll 0.32 1.3 33.9 ?? 0.19 Find the quote for the Laclede Group. Assume that the dividend is constant. What was the highest dividend yield over the past year, and what was the lowest dividend yield Youve collected the following information from your favorite financial Web site.
Explanation / Answer
1).
Observe that to find the quote of the stock the ticker symbol of the stock is required.
Quote of the stock is used to arrive at a decision whether to purchase the stock or not.
The quote of the stock changes every day.
2).
Refer to the question and observe that the highest dividend yield over the past year is of the stock L of 4%.
On the other hand also observe that the lowest dividend yield over the past year is of the stock T of 1.3%.
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