AIR MATH

Math Question

What is the dividend yield on Stock A that sells at \( \$ 20 / \) share, when Company A pays a quarterly dividend of \( \$ 0.05 \) per share?
dividend yield \( =[?] \% \)
Give your answer as a percent rounded to the nearest tenth.
Hint: Dividend Yield \( =\frac{\text { annual dividend }}{\text { share price }} \)

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