Answer:
next year's expected cash dividend by the current market price per share
Explanation:
Dividend yield -
It is the ration of the annual dividend of the company compared to the share price of the company .
The formula of dividend yield is as follows -
D = Annual dividend / Share price
Where ,
D = Dividend yield .
Hence , from the given options about the definition of Dividend yield is -
next year's expected cash dividend by the current market price per share