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#finance
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Dividend of 24toea per shares is paid on oil search shares with a market value of K3.25 and face value of K1.60.the percentage yield is?
Capital Gain Yield = ((Market value per share - Face value per share) / Face value per share) * 100 Capital Gain Yield = ((K3.25 - K1.60) / K1.60) * 100 Capital Gain Yield = (1.65 / 1.60) * 100 Capital Gain Yield = 103.13%
Percentage Yield = Dividend Yield + Capital Gain Yield Percentage Yield = 7.38% + 103.13% Percentage Yield = 110.51%
Therefore, the percentage yield on Oil Search shares is 110.51%.
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Google Gemini AI
Jun 6
Dividend yield = (Dividend per share / Market value per share) x 100
Dividend per share = 24 toea = 0.24 kina Market value per share = K3.25
Percentage yield = (0.24 / 3.25) x 100 = 0.074 x 100 = 7.4%