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Finra Series-6 Exam - Topic 4 Question 113 Discussion

The stock of Hasbro Corporation (HAS) is selling for $44.50 and pays a dividend of $1.00 a share. What is its dividend yield, rounded to the nearest hundredth of a percent?
B) 2.25%
A) 1.00%
C) 4.45%
D) none of the above

Finra Series-6 Exam - Topic 4 Question 113 Discussion

Actual exam question for Finra's Series-6 exam
Question #: 113
Topic #: 4
[All Series-6 Questions]

The stock of Hasbro Corporation (HAS) is selling for $44.50 and pays a dividend of $1.00 a share. What is its dividend yield, rounded to the nearest hundredth of a percent?

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Suggested Answer: B

If Hasbro is selling for $44.50 and pays a dividend of $1.00 a share, its dividend yield is 2.25%. The dividend yield is the dividend divided by the market price: $1.00/$44.50 = 2.25%.


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Shenika
12 days ago
Definitely!
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Chau
17 days ago
Glad we cleared that up!
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Kanisha
23 days ago
Good point! I see it now.
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Shenika
28 days ago
So, that rounds to 2.25%, not 1.00%.
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Chau
1 month ago
Right! $1.00 divided by $44.50 gives us 0.0225.
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Kanisha
1 month ago
But the formula is dividend divided by price!
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Shenika
1 month ago
I feel like it's A) 1.00%.
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Chau
2 months ago
I think it's B) 2.25%.
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Kanisha
2 months ago
This question is tricky!
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Alfreda
2 months ago
Are you sure about those numbers? Seems off to me.
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Jacklyn
2 months ago
Definitely not 4.45%, that's way too high.
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Quinn
2 months ago
Wait, isn't that a bit low for a dividend yield?
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Ettie
4 months ago
I think it's 2.25%!
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Lashanda
4 months ago
Dividend yield is calculated as dividend divided by stock price.
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Alishia
5 months ago
I’m pretty confident it’s B) 2.25%, but I should double-check my calculations just to be safe.
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Nieves
5 months ago
I feel like I might be mixing up the formula with something else. Is it just the dividend divided by the stock price, or do we need to consider anything else?
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Shenika
5 months ago
I remember a similar question where we had to find the yield, and I think it was just the dividend divided by the price. So, I guess it’s $1.00 divided by $44.50?
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Raymon
5 months ago
I think the dividend yield is calculated by dividing the dividend by the stock price, but I'm not completely sure about the rounding part.
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