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Uhri Corporation Has Provided the Following Data

Question 110

Multiple Choice

Uhri Corporation has provided the following data:
Uhri Corporation has provided the following data: Dividends on common stock during Year 2 totaled $4,000.The market price of common stock at the end of Year 2 was $6.08 per share.The company's dividend payout ratio for Year 2 is closest to: A) 7.8% B) 1.3% C) 11.1% D) 0.8% Dividends on common stock during Year 2 totaled $4,000.The market price of common stock at the end of Year 2 was $6.08 per share.The company's dividend payout ratio for Year 2 is closest to:


A) 7.8%
B) 1.3%
C) 11.1%
D) 0.8%

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