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You purchased 520 shares of stock at a price of $58.17 per share. Over the last year, you have received total dividend income of $605.

You purchased 520 shares of stock at a price of $58.17 per share. Over the last year, you have received total dividend income of $605. What is the dividend yield?

54.1 percent
12.1 percent
10.4 percent
1.2 percent
2.0 percent

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