Quantum Corp.had earnings per share of $6.32.It paid a $7.50 dividend per share to preferred shareholders,and a $2.50 dividend per share to common shareholders.There were 1,000 preferred shares outstanding and 6,000 common shares outstanding.The market price per common share was $25.Calculate the dividend yield for common shares.

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The Answer of Quantum Corp.had earnings per share of $6.32.It paid a $7.50 dividend per share to preferred shareholders,and a $2.50 dividend per share to common shareholders.There were 1,000 preferred shares outstanding and 6,000 common shares outstanding.The market price per common share was $25.Calculate the dividend yield for common shares.