1. Ovit, Inc. has preferred stock with a price of $18.55 and a dividend of $1.66 per year. What is its dividend yield?
The dividend yield is .....%. ? (Round to one decimal place.)
2. Krell Industries has a share price of $22.21 today. If Krell is expected to pay a dividend of $0.82 this year and its stock price is expected to grow to $23.97 at the end of the year, what is Krell's dividend yield and equity cost of capital?
The dividend yield is ....... %.(Round to one decimal place.)