The Phibbs Company paid total cash dividends of $120,400 on 28,000 outstanding common...
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Accounting
The Phibbs Company paid total cash dividends of $120,400 on 28,000 outstanding common shares. On the most recent trading day, the common shares sold at $83. What is this company's dividend yield?
Multiple Choice
5.18%
23.26%
3.38%
15.16%
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