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Select data for Banana Corp is identified below: 2022 2021 Net Income $40,800 $21,500 Dividends Declared 30,000 18,000 Dividends Per Share 1.15 1.10 Share Price
Select data for Banana Corp is identified below:
2022 2021
Net Income $40,800 $21,500
Dividends Declared 30,000 18,000
Dividends Per Share 1.15 1.10
Share Price 40.00 25
A)Calculate the payout ratio and dividend yield for each year? B) comment on the year over year change(s)
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