Presented Below Are Selected Data from the Financial Statements of Carnival

Multiple Choice

Presented below are selected data from the financial statements of Carnival Corp.for 2017 and 2016. ? $\begin{array}{lrr}&2017&2016\\\text { Net income } & \$ 110,000 & \$ 123,000 \\\text { Cash dividends paid on common stock } & \$ 42,000 & \$ 38,000 \\\text { Market price per share of common stock at the end of the year } & \$ 16.00 & \$ 13.00 \\\text { Shares of common stock outstanding } & 140,000 & 140,000\end{array}$ The dividend yield ratio for 2017 is

A) 1.9%
B) 2.1%
C) 36.3%
D) 38.1%