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The stock listing for a company shows a P/E of 18

The stock listing for a company shows a P/E of 18, a dividend yield of 2.4%, and a closing price of $23.76. What is the amount of dividends per share?

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The stock listing for a company shows a P/E of 18, a dividend yield ...

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This solution is comprised of a detailed explanation to answer what is the amount of dividends per share.

$2.19