Currently Baldwin is paying a dividend of $0.32 (per share). If this dividend st

Question

Currently Baldwin is paying a dividend of $0.32 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?

Select: 1

151.41%

.53%

.66%

.86%

Stock Market Summary Company Close Change Shares MarketCap ($M) Book Value EPS Dividend Yield P/E Andrews $64.55 $14.12 2,350,907 $152 $50.80 $6.85 $0.00 0.00% 9.4 Baldwin $44.05 $6.62 3,163,122 $139 $35.49 $2.43 $0.32 0.70% 18.1 Chester $178.02 $55.30 1,876,622 $334 $57.73 $22.96 $18.54 10.40% 7.8 Digby $41.46 $12.63 3,172,579 $132 $27.67 $3.42 $2.94 7.10% 12.1

Explanation / Answer

Dividend yield = Dividend*100/(Price*(1+growth rate))

=0.32*100/(44.05*(1+0.1))

=0.66%

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