1)In March 2017, ABS paid its shareholders a cash dividend of P1.04 per share of common stock. If there are 850.8 million total outstanding shares, determine the total dividends paid out in March 2017. 2. A certain corporation declares a 2.5% dividend on preferred stocks with par value of P500. (a) What is the current yield of the stock if its market value is P984.25? (b) If the shareholder owns 600 shares, what is the total amount of his dividend? 3. In 2017, JFC and Max's Group, Inc. (MAXS) have an annual dividend per share of P2.18 and P0.13, respectively. The market value of JFC and MAXS on January 3, 2018 is P253.40 and $18.32, respectively. Use the stock yield ratio to measure how much dividends shareholders are getting as a percentage of the amount invested.