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Use the data in the stock table to estimate the current yield for T-Shirts Galore (TG). Round your answer...

Use the data in the stock table to estimate the current yield for T-Shirts Galore (TG). Round your answer to nearest tenth of a percent.

Answer

The current yield can be calculated using the formula: Yield = (Dividend per Share / Price per Share) x 100.

  1. Dividend per Share = 0.36
  2. Price per Share (Last) = 19.29

Yield = (0.36 / 19.29) x 100 = 1.867% ≈ 1.9%

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