Pearlman,Inc.provides the following information for 2019: The company has no preferred stock outstanding.Calculate the dividend payout ratio.(Round any intermediate calculations and your final answer to two decimal places. )

Question

Pearlman,Inc.provides the following information for 2019:  The company has no preferred stock outstanding.Calculate the dividend payout ratio.(Round any intermediate calculations and your final answer to two decimal places. )

Quizplus · Accepted Answer

11ea8a75_4286_84a9_a2a1_01a9e31cc328_TB6701_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