Question

Assume that you purchased General Electric Company stock at the closing price on December 31, 2008 and sold it after the dividend had been paid at the closing price on January 26, 2009. Your dividend yield for this period is closest to:

Answer 1

The dividend yield is 0.683%

Step-by-step explanation:

The computation of the dividend yield is shown below

Dividend Yield is

= Dividend Received ÷ Investment

= $0.1 ÷ 14.64

= 0.683%

Hence, the dividend yield is 0.683%

We simply applied the above formula

And, the same is to be considered by taking the dividend and the investment so that the correct value could come