Asked by
Giuseppe Alastra
on Oct 09, 2024
Verified
The company's dividend payout ratio for Year 2 is closest to:
A) 1.6%
B) 21.1%
C) 2.6%
D) 14.7%
Dividend Payout Ratio
The percentage of net income that a company pays out to its shareholders as dividends, indicating how much money a company returns to shareholders versus retaining.
- Determine the company's dividend payout ratio.
Verified Answer
AL
Learning Objectives
- Determine the company's dividend payout ratio.
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