Multiple Choice
Financial statements for Orange Company appear below:
Dividends during Year 2 totaled $156 thousand, of which $18 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $100.
-Orange Company's dividend yield ratio on December 31,Year 2 was closest to:
A) 3.1%
B) 1.1%
C) 3.5%
D) 2.7%
Correct Answer:

Verified
Correct Answer:
Verified
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