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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?
Suggested Answer: B
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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%.
18 comments · newest first
SH
Shenika
2 months ago
Definitely!
CH
Chau
3 months ago
Glad we cleared that up!
KA
Kanisha
3 months ago
Good point! I see it now.
SH
Shenika
3 months ago
So, that rounds to 2.25%, not 1.00%.
CH
Chau
3 months ago
Right! $1.00 divided by $44.50 gives us 0.0225.
KA
Kanisha
3 months ago
But the formula is dividend divided by price!
SH
Shenika
3 months ago
I feel like it's A) 1.00%.
CH
Chau
4 months ago
I think it's B) 2.25%.
KA
Kanisha
4 months ago
This question is tricky!
AL
Alfreda
4 months ago
Are you sure about those numbers? Seems off to me.
JA
Jacklyn
4 months ago
Definitely not 4.45%, that's way too high.
QU
Quinn
4 months ago
Wait, isn't that a bit low for a dividend yield?
ET
Ettie
6 months ago
I think it's 2.25%!
LA
Lashanda
6 months ago
Dividend yield is calculated as dividend divided by stock price.
AL
Alishia
7 months ago
I’m pretty confident it’s B) 2.25%, but I should double-check my calculations just to be safe.
NI
Nieves
7 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?
SH
Shenika
7 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?
RA
Raymon
7 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.