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At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $270. In addition, Sherman Corp. had
At the market close on May 12 of a recent year, Sherman Corporation had a closing stock price of $270. In addition, Sherman Corp. had a dividend per share of $19.17 during the previous year.
Determine Sherman Corporations dividend yield. (round to one decimal place)
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