Multiple Choice
Fred Manufacturing Company pays an annual dividend of $0.80 per share,has earnings per share of $2.50,and sells for $35 a share.What is this company's dividend payout ratio?
A) 8 percent
B) 25 percent
C) 28 percent
D) 32 percent
E) 35 percent
Correct Answer:
Verified
Correct Answer:
Verified
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