Super Duper Corporation had a string of successful years. Super Duper's executives wish to examine how its

Question:

Super Duper had a string of successful years. Super Duper's executives wish to examine how its stockholders have been compensated for their contributed capital. The following information pertains to Super Duper income ..................................... $104,000
Dividends per common share .................... $1.50
Common shares .................................. 16,000
Purchases of treasury stock ................... $65,000
Common stock price ................................ $25
Required:
Calculate the yield, payout, and total payout?
Corporation
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A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...