In: Finance
A company's revenues are $421 million. Operating margin is 41%, net margin is 21.7% and dividend payout ratio is 9%. Market capitalization is $612 million. The company has 20 million shares outstanding. Calculate the dividend yield.
a. 5.9%
b. 2.9%
c. 1.3%
d. 2.3%
e. 4.8%