Discuss about the expected dividend yield

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Question: If Company X's stock is expected to pay a dividend of $1.25 during the next 12 months, growth rate of dividends is constant at 4.7%, and X's current price is $29.00, what is the stock's expected dividend yield for the coming year? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131959624

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