Consider the following information:

Net earnings $$930,000$

Beginning number of shares $140,000$

Ending number of shares $160,000$

Current price per share $$80\mathrm{.}00$

Dividend per share $$1\mathrm{.}20$

What is the dividend yield?

Multiple Choice

$50\mathrm{.}0\%$

$6\mathrm{.}2\%$

$1\mathrm{.}5\%$

$8\mathrm{.}6\%$