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OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $40.70 and $38.00 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.473 and $0.416 for 2020 and 2019, respectively. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement 2020 2019 Total revenues Total cost of revenues Total operating expenses Net income" Statement of Financial Position Total assets $2,295,467 $1,824,357 757,082 572,294 1,180,860 884,895 $280,405 $282,396 2020 2019 $7,493,051 $5,154,156 Total liabilities Common share capital 3,984,395 3,796,424 1,427,606 812,832 Total shareholders' equity $3,508,656 $1,357,732 Weighted average number of commons shares outstanding 255,210 241,181 *There are income taxes that do not appear in the list, that would reduce net income. Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, e.g. 15.2%.) Dividend payout ratio Dividend yield 2020 2019 % % % % OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $40.70 and $38.00 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.473 and $0.416 for 2020 and 2019, respectively. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement 2020 2019 Total revenues Total cost of revenues Total operating expenses Net income" Statement of Financial Position Total assets $2,295,467 $1,824,357 757,082 572,294 1,180,860 884,895 $280,405 $282,396 2020 2019 $7,493,051 $5,154,156 Total liabilities Common share capital 3,984,395 3,796,424 1,427,606 812,832 Total shareholders' equity $3,508,656 $1,357,732 Weighted average number of commons shares outstanding 255,210 241,181 *There are income taxes that do not appear in the list, that would reduce net income. Calculate the dividend payout ratio and the dividend yield for 2020 and 2019. (Round answers to 1 decimal place, e.g. 15.2%.) Dividend payout ratio Dividend yield 2020 2019 % % % %
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