Question: The following selected information ( in millions, except for per - share information ) is available for the National Bank of Canada for the year

The following selected information (in millions, except for per-share information) is available for the National Bank of Canada for the year ended October 31.
Weighted average number of common shares (in thousand): 339372
Net income: 2232
Income available to common shareholders: 2040
Total dividends declared and paid on common shares: 829
Dividends declared and paid per common shares: 2.44
Average common shareholders equity: 13976
Market price per common share:59.76
Calculate the following:
Payout ratio
Dividend yield
Basic earnings per share
Return on common shareholders equity

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