Question

In: Accounting

Determine McDonald’s Corporation’s dividend yield. Round to one decimal place.

At the market close on May 12 of a recent year, McDonald’s Corporation had a closing stock price of $129.51. In addition, McDonald’s Corporation had a dividend per share of $3.56 during the previous year

Solutions

Expert Solution

Dividend Yield : This ratio gauges how much in dividends have been paid in relation to the stock price.

Formula for Dividend Yield 

Dividend Yield = Dividend price per share of common stock / Market price per share of common stock

Calculation of Dividend yield  for Mcdonald's Corporation if annual dividend of common stock was $3.56 per share and market price per share of common stock was $129.51

Dividend Yield = Dividend price per share of common stock / Market price per share of common stock

=$3.56 / $129.51

=0.027 or 2%

Therefore, Dividend yield for Mcdonald Corporation is 2.7%

balaji rao answered 2 years ago
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