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2. Acme Global Engineering pays quarterly dividends of $.50 per share on its common stock, which has a current price of $50.00 per share. Last

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2. Acme Global Engineering pays quarterly dividends of $.50 per share on its common stock, which has a current price of $50.00 per share. Last year, the company earned $1,500,000 after taxes, and paid out $300,000 in dividends. A. What is the company's payout ratio? Payout Ratio - Annual Dividend/Annual NIAT B. What is the company's dividend yield? Yield = Annual Dividend/Current Stock Price

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