Gerrard Construction Co. is an excavation contractor. The following summarized data (in thousands) are taken from the December 31, 2016, financial statements:

For the Year Ended December 31, 2016:
Net revenues	$	30,200
Cost of services provided		12,000
Depreciation expense		6,000
Operating income	$	12,200
Interest expense		3,100
Income tax expense		3,600
Net income	$	5,500
At December 31, 2016:
Assets
Cash and short-term investments	$	3,200
Accounts receivable, net		9,600
Property, plant, and equipment, net		78,400
Total assets	$	91,200
Liabilities and Stockholders' Equity
Accounts payable	$	1,300
Income taxes payable		1,900
Notes payable (long term)		46,300
Paid-in capital		12,000
Retained earnings		29,700
Total liabilities and stockholders' equity	$	91,200

At December 31, 2015, total assets were $81,000 and total stockholders' equity was $37,000. There were no changes in notes payable or paid-in capital during 2016.

f-1. Calculate the amount of dividends declared and paid during the year ended December 31, 2016. (Enter your answer in thousands (i.e., 20,000 should be entered as 20).)

- Dividends declared and paid ?

f-2. Review the answer from part f-1. At this time. Assume that Gerrard Construction Co. had 1,060,000 shares of $1 par value common stock outstanding throughout 2016, and that the market price per share of common stock at December 31, 2016, was $18.78. Calculate the following profitability measures for the year ended December 31, 2016:

-Earnings per share of common stock ?

-Price/earnings ration ?

-Dividend yield?

-Dividend payout ration ?