The firm will pay an annual dividend this year of $2 per share- The current market price of the stock is $40.00 per share- The book value of this stock is $24.00 per share- The earnings per share for this firm is $5.75- What is the current dividend yield of this stock?

What is a a stock?

A stock represents an ownership stake in a company as a common shareholder.

Common stocks allow shareholders to vote on company issues, with most companies granting one vote per share.

Some companies also offer stockholders dividend payouts, giving investors a stream of income on top of the market value of the stock.