Confused about dividend payout?


Okay, so it was explained to me that if a share costs $150 and the yield is 3 then you are getting $5 per share each dividend. I’m looking at one that’s $8 and some change a share, and it’s yield is 8.9 so am I getting 100% of my money back per share for each dividend?

Sorry if this is a stupid question I’m just getting into this and I’m a little confused.


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