As of December 31 of the current fiscal year, Colton Corporation reported the following Common stock, $20 par (no change during the year) - $1,000,000 Preferred 54 stock. 540 par (no change during the year) - $250,000 The company's net income for the year was $175,000, and dividends paid on common stock totaled $112,500. Market price of the common stock is $45 per Share. What is Colton Corporation's dividend yield? 0.45% 0.40% 5.00 15.00% Question 19 of Moving to another question will save this response. Ad o e