Dividend Rate & Dividend Yield | What distinguishes dividend yield from dividend rate?

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Dividend Rate & Dividend Yield | What distinguishes dividend yield from dividend rate?

During a fiscal year, stock or other assets that pay dividends to investors will generate a total income for the investor known as a dividend—also known as the dividend rate. You can also use the dividend yield to quote stock dividends. The dividend yield is shown as a percentage, whereas the dividend rate is shown as a dollar amount. 

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