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Calculating dividend yield on common stock

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Calculate dividend yield on common stock
Market price per share $30.00
Earnings per share 2.00
dividends per share 1.00
Investor's cost per share 20.00

I really don't know where to start, can you explain the dividend yield

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Solution Summary

The solution explains how to calculate the dividend yield on common stock

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Dividend Yield = Annual Dividend/Current Market Price
Dividend Yield = 1.00/30 = ...

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