Part 1 Saved QS 11-25 (Algo) Dividend yield LO A1 Foxburo Company expects to pay a $3.16 per share cash dividend this year on its common stock. The current market value of Foxburo stock is $40,00 per share. Compute the expected dividend yield. If a competitor with a dividend yield of 3% is considered an income stock, would we classify Foxburo as a growth or an Income stock? Complete this question by entering your answers in the tabs below. Dividend Yield Dividend Classification Compute the expected dividend yield. Olvidend Yield Choose Denominator: Choose Numerator 1 1 Dividend Yield Dividend Yield 1 Dividend Classification > Complete this question by entering your answers in the tabs below. Dividend Yield Dividend Classification If a competitor with a dividend yield of 3% is considered an income stock, would we classily Foxburo as a growth or an income stock? Dividend from Foxbut is