Question: Brief Exercise 15-38 Computing the Dividend Yield and the Dividend Payout Ratio Refer to the information for Santiago Systems above. Also, assume that the market

Brief Exercise 15-38 Computing the Dividend Yield and the Dividend Payout Ratio Refer to the information for Santiago Systems above. Also, assume that the market price per common share is $20.

Required:

Note: Round answers to four decimal places.

1. Compute the dividends per share.

2. Compute the dividend yield.

3. Compute the dividend payout ratio.

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