Question: Question on stock price for McDonald's.?
At the market close on February 19, 2010, McDonald's Corporation had a closing stock price of $64.74. In addition, McDonald's Corporation had a dividend per share of $2.05 over the previous year.
Determine McDonald's Corporation's dividend yield. (Round to one decimal place.)
Answer:
According to Yahoo Finance it is 2.8%
That is $2.8 at $100
On your figures (2010) the yield was 3.166%
I work at mcdonalds and I can tell you January is the best time to buy if you are going to. It is our slowest time therefore our stocks drop, but they raise back up about mid february
(2.05 / 64.74) x 100 = 3.2%
As of that date the dividend yield was 3.2%.