Edelman,Inc.provides the following information for 2017:

The company has no preferred stock outstanding.Calculate the dividend payout ratio.(Round any intermediate calculations and your final answer to two decimal places. )
A)82.64%
B)46.30%
C)20.00%
D)86.21%

Question

Edelman,Inc.provides the following information for 2017:

The company has no preferred stock outstanding.Calculate the dividend payout ratio.(Round any intermediate calculations and your final answer to two decimal places. )
A)82.64% 
B)46.30% 
C)20.00% 
D)86.21%

Quizplus · Accepted Answer

D)
 11ea8a42_4f7b_a7d1_8b44_e767f4c3031e_TB5024_00 * Earnings per share = (Net income - Preferred dividend)/ Weighted average number of common shares outstanding
**Dividend payout ratio = Annual dividend per share / Earnings per share

Edelman,Inc.provides the Following Information for 2017