Youve collected the following information from your favorite

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 56.76 34.37 Lake Lead Grp 2.49 6.0 10 41.38 –.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 6.15 % 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 3.71 %

Solution

Find the quote for the Lake Lead Group.

What was the highest dividend yield over the past year?

Highest dividend yield will occur when it is 52 week low

Dividend Yield = Div/52 week low

= 2.49/34.37

= 7.24%

What was the lowest dividend yield over the past year?

Lowest dividend yield will occur when it is 52 week high

Dividend Yield = Div/52 week high

= 2.49/56.76

= 4.38%

This is only for Lake Lead Group as u asked only for that.