Find dividend payout ratio if dividends paid to stockholders


Goodwin Corp. has revenues of $12,112,659, costs of $9,080,545, interest payments of $412,375, and a tax rate of 34 percent. It paid dividends of $1,025,000 to its stockholders. Find the firm's dividend payout ratio and retention ratio.

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Finance Basics: Find dividend payout ratio if dividends paid to stockholders
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