A company has net income of 168656 and paid dividends of, Ask an Expert

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A company has net income of $168,656 and paid dividends of $26,622 during the last year. The beginning stock price was $10 per share and there were 100,000 shares outstanding. What was their dividend payout ratio? Express your answer as a percentage with one place to the right of the decimal and no percentage sign (XX.X).

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Financial Management, Finance

Category:- Financial Management
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