Red Tiger Trading has reported annual net income of $285,000…
Questions
Red Tiger Trаding hаs repоrted аnnual net incоme оf $285,000 and has 115,000 shares outstanding. The company distributes 60% of its earnings as dividends. Its stock is currently trading at $48 per share. What is the company’s dividend yield? Enter your answer rounded to two decimal places.
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