Compute the Dividend Yield Ratio:

Dividends Paid =$240,000, Net Income =$800,000

Common Stock Shares Issued =100,000

Common Stock Shares Outstanding =60,000

Market Price per Share =$25.00

Dividend Payout Ratio = Dividends / Net Income OR Dividends Per Share / Earnings Per Share

Dividend Yield Ratio =Dividends per Share /Market Price per Share.

Enter your Answer as a Percent with the percent sign after your number, no decimals, Round to the Nearest Whole percent, example = 5.5 = 6%