Question

nash's trading post, llc reported a net profit of $8.00 per share and a dividend of $1.50 per share. if you buy shares of the stock at $60.00 per share, what is your dividend yield?

Answer 1

To calculate the dividend yield, you need to divide the dividend per share by the price per share and then multiply by 100 to express the result as a percentage.

In this case, the dividend yield would be:

(1.50 / 60.00) * 100 = 2.5%

So if you buy shares of Nash's Trading Post, LLC at $60.00 per share, you can expect to receive a dividend yield of 2.5%. Keep in mind that this is just one factor to consider when deciding whether or not to buy a particular stock, and you should carefully evaluate the company's financial health and prospects before making any investment decisions.