Question: A company's next dividend payment will be ( $ 2 . 6 7 ) per share. Dividends are anticipated to maintain a

A company's next dividend payment will be \(\$ 2.67\) per share. Dividends are anticipated to maintain a growth rate of 2.5 percent forever. If the stock currently sells for \(\$ 35\) per share, what is the expected capital gains yield? Give your answer in percentage to the nearest \(0.1\%\).
A company's next dividend payment will be \(\$ 2.67\) per share.

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