Century Co. reports the following information for the current year:

Calculate Century’s (a) return on common stockholders’ equity; (b) dividend yield; and (c) dividend
payout ratio.

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Net income......... $150,000 Preferred stock dividends.. 15,000 Beginning of year common stockholders' equity 650,000 End of year common stockholders' equity. 700,000 Annual common dividend per share.. 0.75 Market price of common shares.. Earnings per common share 33.00 3.00