Ricky Bobby Incorporated stock is selling for $16.45 this morning. Analysts believe the stock will sell for $16.06 in one year. The stock is expected to pay a $0.32 dividend per share next year.

What dividend yield will you earn in the next year if you purchase today?

Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))