Calculate Dividend yield ratio and number of companies that recieved dividends given Common...

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Accounting

Calculate Dividend yield ratio and number of companies that recieved dividends given

Common stock ($0.01 par value; 340,000 shares authorized, 61,000 shares issued, 59,000 shares outstanding) $ 610
Additional paid-in capital 470,000
Dividends declared and paid during the year 29,000
Retained earnings at the end of the year 326,000
Treasury stock at cost (2,000 shares) (22,000)
Net income $ 102,000
Current stock price $ 20

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