Dennis Company reported a net income of $550,000 for the year 2013. The company declared $65,000 as dividends to its preferred stockholders. During the year, the company had an average of 200,000 common shares outstanding. All the dividends declared were paid by the end of the year, including $3.6 per share on its common stock- At the end of the year, the company's common stock is selling at $62 per share. Determine the dividend yield ratio of Dennis Company.

A. 38% B. 36% C. 26% D. 58%

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