Which ratio measures the percentage return through dividends in relation to stock price?

The Dividend Yield Ratio is the correct choice as it specifically measures the percentage return that investors receive through dividends relative to the stock price. This ratio provides insight into the income generated from an investment in stock, allowing investors to understand the cash flow they can expect from dividends in relation to the price they are paying for the stock. It is calculated by dividing the annual dividends per share by the price per share, giving a clear indicator of the yield that a stock provides compared to its market price.

In contrast, the Dividend Pay-out Ratio indicates the proportion of earnings that are distributed to shareholders as dividends but does not directly measure the return in relation to stock price. The Total Asset Turnover Ratio relates to how efficiently a company utilizes its assets to generate sales and is not concerned with dividends or stock price. The Price-Earnings Ratio, while valuable for assessing stock valuation, compares a company's current share price to its earnings per share rather than dealing with dividends directly.