What is the firms dividend payout ratio?
Problem
Jackie Artmeyer has purchased the stock of a firm. The firm paid an annual dividend of $.90. Its earnings per share was $4.00. This stock is selling in the market for $40. What is this firm's dividend payout ratio?
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Jackie Artmeyer has purchased the stock of a firm. The firm paid an annual dividend of $.90. What is this firm's dividend payout ratio?
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