The following financial information is available for Sarasota Corporation. (in millions)
Average common stockholders' equity $2540 for 2022 and $2585 for 2021.
Dividends declared for common stockholders 245 for 2022 and 267 for 2021
Dividends declared for preferred stockholders 25 for 2022 and 25 for 2021
Net income 490 for 2022 and 540 for 2021
Calculate the payout ratio and return on common stockholders' equity for 2022 and 2021. (Round answers to 1 decimal place, e.g. 12.5%)​