Currently Baldwin is paying a dividend of $1.71 (per share). If this dividend stayed the same, but the stock price rose by 10% what would be the dividend yield?

Baldwin Stock Market Summary

Close $34.12

Change $0.53

Shares 3,357,869

($M)$115

Book Value $30.02

EPS $1.08

Dividend $1.71

Yield 5.0%

P/E 31.6

Choose correct answer below

a.)14.56%

b.)21.95%

c.)3.65%

d.)5.92%