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i Data Table - 2018 2017 Net Income 45,200 $ 35,450 DividendsCommon 24,000 24,000 DividendsPreferred 11,400 11,400 Total Stockholders' Equity at Year-End (includes 65,000 shares

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i Data Table - 2018 2017 Net Income 45,200 $ 35,450 DividendsCommon 24,000 24,000 DividendsPreferred 11,400 11,400 Total Stockholders' Equity at Year-End (includes 65,000 shares of common stock) 590,000 Preferred Stock 800,000 190,000 20.50 $ 190,000 Market Price per Share of Common Stock $ 14.00 Print Done Data for Johnson State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Johnson State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. 2017 P 31.04 Select the formula to calculate the dividend yield. Dividend yield Annual dividend per share / Market price per share Now, calculate the dividend yield on common stock for 2018 and 2017. (Round interim calculations to the nearest cent, $X.XX, and your final answers to one tenth of a percent, X.X%.) 2018: 1.8 % 2017: 2.6 % Select the formula to calculate the dividend payout. Dividend payout = Annual dividend per share / Earnings per share Now, calculate the dividend payout for 2018 and 2017. (Round interim calculations to the nearest cent, $X.XX, and your final answers to the nearest whole percent, X%.) 2018: % 2017: %

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