Answer:
The dividend yield is 10.71%
Explanation:
The dividend yield is computed as:
Dividend yield = Current dividend + Rise in dividend / Current stock price
where
Current dividend is $15.64
Dividend will increase by $3.64
Current stock price is $179.90
Putting the values above:
= $15.64 + $3.64 / $179.90
= $19.28 / $179.90
= 10.71%
Note: The current stock price is taken from the stock market summary
