Dividend Yield Evans & Sons, Inc., disclosed the following information in a recent annual report:

			2018		2019
Net Income			$35,000		$48,000
Preferred stock dividends			3,000		3,000
Average common stockholders' equity			1,000,000		1,500,000
Dividend per common share			1.90		2.00
Earnings per share			2.85		3.02
Market price per common share, year-end			19.00		21.00

Calculate the dividend yield for Evans & Sons for 2018 and 2019.

Round answers to one decimal place. (Ex. 0.2345 = 23.5%) 2018 Answer

% 2019 Answer

%

Note 3.2 and 3 are wrong.