OCloud Corporations suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the companys 2020 and 2019 comparative income statements and statement of financial position. The market price of OClouds common shares was $41.07 and $38.20 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.474 and $0.417 for 2020 and 2019, respectively.

OCLOUD CORPORATION Years Ended June 30, 2020, and 2019
(in thousands)
Comparative Income Statement		2020		2019
Total revenues		$2,271,350		$1,828,910
Total cost of revenues		769,414		575,795
Total operating expenses		1,181,791		887,624
Net income		$996,325		$281,306
Statement of Financial Position		2020		2019
Total assets		$7,505,180		$5,193,460
Total liabilities		3,961,076		3,770,984
Common share capital		1,443,973		821,864
Total shareholders equity		$3,544,104		$1,422,476
Weighted average number of commons shares outstanding		252,148		243,899

Calculate the dividend payout ratio and the dividend yield for 2020 and 2019.