Corner Cafe is estimating the value of its securities and was able to gather the following information:

• Current year dividends amounted to Php6.00 per share
• Net income of the company during the year amounted to Php750,000
• Total outstanding shares of the company is at 100,000 shares
• Net assets of the company as of the end of the year is at Php2,500,000
• Corner Cafe's current shares trade at Php80.00 per share

What is the dividend yield of Corner Cafe?