What is the dividend yield
Problem: The next dividend payment by Grenier, Inc., will be $1.68 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $32 per share. What is the dividend yield?
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The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $32 per share. What is the dividend yield?
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