The next dividend payment by Hillside markets will be 2.35 a share. The dividends are anticipated to maintain a 4.5% growth rate forever. The stock currently sells for $65 per share. What is the dividend yield.

The next dividend payment by Hillside markets will be 2.35 a share. The dividends are anticipated to maintain a 4.5% growth rate forever. The stock currently sells for $65 per share. What is the dividend yield.



Answer: $3.62


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