Math yeild on stocks

please check my answer thanks :)

The Klien company paid a diividend of $.42 per share last year . The current selling price of the stock is $27.38. the current yeild on the stock is...

my answer is 6.5%

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  1. 6.5% of $27.38 = $1.78

    To find the current yield, divide $0.42 by $27.38.

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    Ms. Sue
  2. I did it again I got 1.5 % as the current yeild on the stock

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