Ivanhoe Corporation's suite of software products and services provides secure and scalable solutions for global...
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Accounting
Ivanhoe 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 2024 and 2023 comparative income statements and statement of financial position. The market price of Ivanhoe's common shares was $41.07 and $38.00 on June 30,2024 , and June 30,2023 , respectively. Ivanhoe declared dividends per common share of $0.478 and $0.415 for 2024 and 2023 , respectively. Calculate the dividend payout ratio and the dividend yield for 2024 and 2023 . (Round answers to 1 decimal place, eg. 15.2\%.)
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