Super Duper Corporation had a string of successful years. Super Duper's executives wish to examine how its stockholders have been compensated for their contributed capital. The following information pertains to Super Duper Corporation:
Net income ..................................... $104,000
Dividends per common share .................... $1.50
Common shares .................................. 16,000
Purchases of treasury stock ................... $65,000
Common stock price ................................ $25
Required:
Calculate the dividend yield, dividend payout, and total payout?