Calculate the yield of the following stock. note: round your answer to the nearest tenth percent. company yearly dividend closing price per share best buy company, incorporated (bby) 11. 24 124. 27
a. Calculate the yield by dividing the yearly dividend (11. 24) by the closing price per share (124. 27) , then multiply by 100 to get the percentage yield.
b. Use the formula: Yield = (Dividend / Price) x 100
c. Use a financial calculator or online tool to input the dividend and closing price per share to calculate the yield.
d. Consult a financial advisor or stock analyst for assistance in calculating the yield.