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Settles Corporation Has Provided the Following Financial Data

Question 63

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Settles Corporation has provided the following financial data:
Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. -The company's dividend payout ratio is closest to: A) 1.3% B) 1.7% C) 17.1% D) 26.3% Settles Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share. -The company's dividend payout ratio is closest to: A) 1.3% B) 1.7% C) 17.1% D) 26.3% Dividends on common stock during Year 2 totaled $5,400. The market price of common stock at the end of Year 2 was $5.89 per share.
-The company's dividend payout ratio is closest to:


A) 1.3%
B) 1.7%
C) 17.1%
D) 26.3%

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