What is the dividend yield round your answer to 2 decimal


The next dividend payment by Blue Cheese, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share. What is the dividend yield? (Round your answer to 2 decimal places. What is the expected capital gains yield?

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Finance Basics: What is the dividend yield round your answer to 2 decimal
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