Series 7 - General Securities Representative Exam
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YOLO corp paid out $2.20 in annual dividends had $6.18 in EPS. If the quick ratio is 4 and the stock's beta is 1.04, what is the dividend payout ratio?
16.82%
A
35.60%
B
8.80%
C
5.24%
D
Explanations
The dividend payout ratio equals the annual dividends paid divided by the EPS