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Use the information in the table below to answer the questions that follow. Selected Financial Information Tegridy Farms Inc. Year 1 Year 2 Net Income

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Use the information in the table below to answer the questions that follow. Selected Financial Information Tegridy Farms Inc. Year 1 Year 2 Net Income 1,375 1,696 Shares Outstanding (millions) 190 Dividend per Share 1.45 Price $89.41 PART 1: What is Tegridy's dividend payout in Year 1? O 22% O 20% O 23% O 21% PART 2: What is Tegridy's dividend yield in Year 1 (based on its Year 2 dividend and assuming Tegridy maintains its payout rate)? O 3% O 4% O 5% O 2%

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