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Category > Business & Finance Posted 31 Jul 2017 My Price 12.00

Cameron Company has 40,000 shares of common

Cameron Company has 40,000 shares of common stock outstanding that it originally issued for $30 per share. The following data pertains to these shares for the most recent year:

Book value, December 31

$60 per share

Market value, January 1

$75 per share

Market value, December 31

$80 per share

The total dividend on common stock was $360,000. The dividend yield ratio for the year was:

A) 11.25%

B) 12.00%

C) 15.00%

D) 30.00%

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Status NEW Posted 31 Jul 2017 01:07 PM My Price 12.00

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