The next dividend payment by Grenier, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share. What is...

The next dividend payment by Grenier, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share.

What is the dividend yield?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)


Dividend yield             %

What is the expected capital gains yield?(Do not round intermediate calculations. Enter your answer as a percent.)


Capital gains yield             %