Foxburo Company expects to pay a $3.16 per share cash dividend this year on its common stock. The current market value of Foxbu stock is $40.00 per share. Compute the expected dividend yleld. 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 Dividend Yield If a competitor with a dividend yleld of 3% is considered an income stock, would we classify Foxburo as a growth or an Income stock? Dividend from Foxburo is ( Dividend Yield Divind Clasication