Solved

Fred Manufacturing Company Pays an Annual Dividend of $0

Question 141

Multiple Choice

Fred Manufacturing Company pays an annual dividend of $0.65 per share, has earnings per share of $2.50, and sells for $35 a share. What is this firm's dividend payout ratio?


A) 18 percent
B) 25 percent
C) 28 percent
D) 26 percent
E) 32 percent
Payout ratio = $.65/$2.50 = 26 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions