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Symons Corporation Has Provided the Following Financial Data

Question 170

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Symons Corporation has provided the following financial data: Symons Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend payout ratio for Year 2 is closest to: A) 26.3% B) 2.5% C) 18.4% D) 1.0% Symons Corporation has provided the following financial data: Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend payout ratio for Year 2 is closest to: A) 26.3% B) 2.5% C) 18.4% D) 1.0% Dividends on common stock during Year 2 totaled $2,500. The market price of common stock at the end of Year 2 was $2.01 per share. The company's dividend payout ratio for Year 2 is closest to:


A) 26.3%
B) 2.5%
C) 18.4%
D) 1.0%

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