QS 11-17 Dividend yield LO A3 Foxburo Company expects to pay a $2.17 per share cash dividend this year on its common stock. The current market value of Foxburo stock is $35.00 per share. Compute the expected dividend yield on the Foxburo stock. Choose Numerator: Dividend Yield 1 Choose Denominator: Dividend Yield Dividend Yield % Would you classify the Foxburo stock as a growth or an income stock? Growth stock Income stock