Prior to reporting this income statement, the company wants to determine its annual dividend. The company has 600,000 shares of common stock outstanding, and its stock trades at $59 per share. cent. $ b. If the company maintains this 45% payout ratio, what will be the current dividend yield on the company's stock? Do not round intermediate calculations. Round your answer to two decimal places. % your answer to the nearest cent. $ 2021 ? Do not round intermediate calculations. Round your answer to two decimal places. % Given this scenario, would it make more sense for the company to maintain a constant dividend payout ratio or to maintain the same per-share dividend? I. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain the same per-share dividend. II. Since the company would like to avoid transactions costs involved in issuing new equity, it would be best for the firm to maintain a constant dividend payout ratio