What is the stock expected dividend yield

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Question - If a firm just paid a dividend of $0.87, and the dividend will grow at a constant rate of 6%, and its current share price is $50, what is the stock's expected dividend yield for the coming year?

a. 1.64%

b. 1.74%

c. 6.00%

d. 1.84%

Reference no: EM132756557

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