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Forturo Company expects to pay $5.24 per share cash dividend this year on its common stock. The current market value of Fakturo stock is $40.50

Forturo Company expects to pay $5.24 per share cash dividend this year on its common stock. The current market value of Fakturo stock is $40.50 per share. Compute the expected dividend yield on the Foxburo stock. Dividend Yad Choose Denciar Choone or Dividend Yield Dividend Yield Would you classify the Foxburo stock as a growth or an income stock? O Growth stock Income stock

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