Question

You’ve collected the following information from your favorite financial website.

52-Week Price		Stock (Div)	Div Yld %	PE Ratio	Close Price	Net Chg
Hi	Lo
77.40	10.43	Palm Coal .36	2.6	6	13.90	–.24
56.31	33.92	Lake Lead Grp 2.04	5.0	10	40.93	–.01
130.93	69.50	SIR 2.00	2.2	10	88.97	3.07
50.24	13.95	DR Dime .80	5.2	6	15.43	–.26
35.00	20.74	Candy Galore .32	1.5	28	??	.18

Find the quote for the Lake Lead Group. Assume that the dividend is constant.

What was the highest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
  
Highest dividend yield             %

  
What was the lowest dividend yield over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
  
Lowest dividend yield             %

Answer 1

(1)-Highest Dividend Yield

The 52-week Lowest stock price will be taken to find out the Highest Dividend Yield

Highest Dividend Yield = (Dividend per share / 52-week Lowest stock price) x 100

= ($2.04 / $33.92) x 100

= 6.01%

“Highest Dividend Yield = 6.01%”

(2)-Lowest Dividend Yield

The 52-week highest stock price will be taken to find out the Lowest Dividend Yield

Lowest Dividend Yield = (Dividend per share / 52-week Highest stock price) x 100

= ($2.04 / $56.31) x 100

= 3.62%

“Lowest Dividend Yield = 3.62%”