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Required information [The following information applies to the questions displayed below.] Markus Company's common stock sold for $2.50 per share at the end of this
Required information [The following information applies to the questions displayed below.] Markus Company's common stock sold for $2.50 per share at the end of this year. The company paid a common stock dividend of $0.40 per share this year. It also provided the following data excerpts from this year's financial statements: 3. What is the dividend payout ratio and the dividend yleld ratio? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. I.e., 0.1234 should be considered as 12\%.)
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