A company paid a cash dividend of $0.44 per share during the current year, and reported 18,000 ordinary shares issued, and 2,000 ordinary shares as treasury shares during the current year. The year-end market price per share was $27.50. Calculate the following: (1) total amount of cash dividends paid to ordinary shareholders, and (2) dividend yield.

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The Answer of A company paid a cash dividend of $0.44 per share during the current year, and reported 18,000 ordinary shares issued, and 2,000 ordinary shares as treasury shares during the current year. The year-end market price per share was $27.50. Calculate the following: (1) total amount of cash dividends paid to ordinary shareholders, and (2) dividend yield.

A Company Paid a Cash Dividend of $0