Marko Inc.paid a cash dividend of $0.24 per share.There were 16,000 common shares issued,and 1,000 treasury shares.The market price per share was $17.18.Calculate the following: (1)the total amount of dividends paid to common shareholders and (2)the dividend yield.

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The Answer of Marko Inc.paid a cash dividend of $0.24 per share.There were 16,000 common shares issued,and 1,000 treasury shares.The market price per share was $17.18.Calculate the following: (1)the total amount of dividends paid to common shareholders and (2)the dividend yield.

Marko IncPaid a Cash Dividend of $0