QS 13-25 (Algo) Dividend yield LO A1 Foxburo Company expects to pay a $2.28 per share cash dividend this year on its common stock. The current market value of Foxburo stock is $30.00 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 Classification Compute the expected dividend yield. Dividend Yield Choose Numerator: 1 1 1

QS 13-25 (Algo) Dividend yield LO A1 Foxburo Company expects to pay a $2.28 per share cash dividend this year on its common stock. The current market value of Faxburo stock is $30.00 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. Compute the expected dividend yield