1. Last year, Miller Enterprises paid an annual dividend of 5.65 per share, and the stock price at that time was 42 per share. Calculate the dividend yield for Miller Enterprises

To calculate the dividend yield for Miller Enterprises, we can use the following formula:<br /><br />Dividend Yield = (Annual Dividend per Share / Stock Price) x 100<br /><br />Given information:<br />- Annual dividend per share: $5.65<br />- Stock price: $42 per share<br /><br />Plugging in the values, we get:<br /><br />Dividend Yield = ($5.65 / $42) x 100<br /> = 0.135 x 100<br /> = 13.5%<br /><br />Therefore, the dividend yield for Miller Enterprises is 13.5%.