Company X pays out 100% of its earnings in the form of annual dividends. Last year, the company paid $5.25 in dividends for the year. If the stock price is $105 per share, what is the "trailing" P/E?

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The Answer of Company X pays out 100% of its earnings in the form of annual dividends. Last year, the company paid $5.25 in dividends for the year. If the stock price is $105 per share, what is the "trailing" P/E?

Company X Pays Out 100% of Its Earnings in the Form