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  • 1.  CMA Pop Quiz - Q&A 236

    Posted 06-15-2018 08:58 AM
    CMA Exam Part 2

    Q: For the most recent fiscal period, Oakland Inc. paid a regular quarterly dividend of $0.20 per share and had earnings of $3.20 per share. The market price of Oakland stock at the end of the period was $40.00 per share. Oakland's dividend yield was

    a. 0.50%.
    b. 1.00%.
    c. 2.00%.
    d. 6.25%.

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    Morgan Del Rio
    Marketing and Social Media Manager
    IMA
    morgan.delrio@...
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  • 2.  RE: CMA Pop Quiz - Q&A 236

    Posted 06-15-2018 06:08 PM
    Answer: C  2.00%

    Dividend yield = Dividends per common share ÷ Market price per common share
                            = (4 x $.20) ÷ $40.00
                            = 2.00%


    ------------------------------
    Morgan Del Rio
    Marketing and Social Media Manager
    IMA
    morgan.delrio@...
    ------------------------------

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