000 SHARES OUTSTANDING 1,000,000 PREFERRED STOCK DIVIDEND PAID 60...
10,000 shares outstanding
1,000,000
Preferred stock dividend paid
60,000
Common stock dividend paid
700,000
Earnings per common share
3
Market price per common share
18
Dyle’s yield on common stock is
a.
11.11%.
b.
16.66%.
c.
16.88%.
d.
20.00%.