Dollar General is a national retailer in direct competition with Wal-Mart. The annual report for Dollar General contained the following information:

The company paid dividends in the amount of $3,497,000 to its preferred stockholders. It also paid dividends of $0.14 per share to its common stockholders. Assume that the common dividend was paid after the 5-for-4 stock split. Determine the total amount of dividends paid to common stockholders. When the annual report was issued, the common stock price was $25. Compute the dividend yield ratio.

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Shareholders' Equity (amounts in thousands, except shares) Preferred Stock Common Stock Paid-In Retained Capital Earnings Balance, January 30. 1998 $858 $83.526 $379.954 $320,085 (Common shares 167.052.000) Net income 5-for-4 stock split 182.033 21.090 (21.090) Issuance of common stock 1.488 27,523