Intel (INTC) stock is $0.001 par value and is selling in the market for $60 per share. If the current quarterly dividend is $1, what is INTC's current yield?
The quarterly dividend is $1; therefore, the annual dividend is $4. $4 divided by the $60 market price equals 6.6 percent annual yield (current yield).
Intel (INTC) stock is $0.001 par value and is selling in the market for $60 per share. If the current quarterly dividend is $1, what is INTC's current yield?
1 of 4 people (25%) answered
this question correctly.