Johnston Corporation currently pays an annual dividend of $2.0 a share and plans on increasing that amount at a constant rate of 2.75 percent annually. Waters Corporation currently pays an annual dividend of $1.5 a share and plans on increasing its dividend at a constant rate of 3 percent annually. Given this information, you know for certain that the stock of Waters Corporation has a higher ______ than the stock of Johnston Corporation.

A. market price

B. total return

C. real return

D. capital gains yield

E. dividend yield