The term "annual dividend" refers to the amount of money a company pays out to its shareholders on a yearly basis. The "current stock price" is the current market value of a company's shares.
Next year's annual dividend divided by the current stock price is called the "dividend yield."
In the given group of answer choices, the correct answer is "dividend yield."
To calculate the dividend yield, you would divide the annual dividend by the current stock price. This ratio represents the return on investment that an investor would receive through dividends.
So, the answer to your question is: The next year's annual dividend divided by the current stock price is called the "dividend yield."