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Nirvana Manufacturing Inc. pays quarterly dividends of $2.00 per share on its common stock, which has a current price of $80.00 per share. Last year,
Nirvana Manufacturing Inc. pays quarterly dividends of $2.00 per share on its common stock, which has a current price of $80.00 per share. Last year, the company had $30,000,000 of net income after taxes, of which it paid out $5,000,000 in dividends. The company's dividend payout ratio is _____ and the company's dividend yield is _____.
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