A firms dividend payout ratio is defined as the percentage


A firm's dividend payout ratio is defined as the percentage of the residual cash flow paid to the shareholders in the form of a dividend.  

Suppose that a particular stock, with a residual cash flow of $4.00 per share, has paid a dividend of $0.20 per share. In this case, what is the stock's dividend payout ratio?

Place your answer as a percentage without the present sign. For example, if your intended answer is six point five three percent, then submit 6.53.

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Financial Management: A firms dividend payout ratio is defined as the percentage
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