The next dividend payment by HG Enterprises will be $1.82 per share with future increases of 2.8 percent annually. The stock currently sells for $38.70 per share. What is the dividend yield?
A) 4.20 percent
B) 4.70 percent
C) 4.81 percent
D) 4.56 percent
E) 4.41 percent
Correct Answer:
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