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The following data relate to Edger Company 2018 1.08 Earnings per share Cash dividends per common share 10.80 Market price per common share 12.94 Common

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The following data relate to Edger Company 2018 1.08 Earnings per share Cash dividends per common share 10.80 Market price per common share 12.94 Common share outstanding 25,380,000 Total assets 1,264,086.000 Total liabilities 823,758,000 16,600,000 Nonredeemable preferred stock Preferred dividends 4,567,000 Net income 32,094,000 Based on these data, compute Dividend yield O 6.18% O 0.061823 06.18 O 5%

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