Regis knows that CRS stock sells for $82 per share, has a growth rate of 7 percent

Question:

Regis knows that CRS stock sells for $82 per share, has a growth rate of 7 percent and a dividend that was just paid of $3.82. What can Regis expect as an annual percent yield if he purchases a share of CRS stock?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...