What was the trend in dividend yield from 2007 to 2008 for Lincoln Company?
Understand the Problem
The question is asking about the changes in dividend yield for Lincoln Company over the specified timeframe of 2007 to 2008, providing multiple choice options to select from.
Answer
The dividend yield increased from 3.95% in 2007 to 5.06% in 2008.
The dividend yield for Lincoln National Corporation increased from 3.95% in 2007 to 5.06% in 2008.
Answer for screen readers
The dividend yield for Lincoln National Corporation increased from 3.95% in 2007 to 5.06% in 2008.
More Information
During this period, the company not only increased its dividend payments but also experienced changes in stock price that could have influenced the yield.
Tips
A common mistake is confusing the dividend amount with the dividend yield. The yield is a percentage that reflects the ratio of the dividend to the stock price.
Sources
- LNC Lincoln National Corporation Dividend Growth History - seekingalpha.com
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