The company has no preferred stock outstanding. Calculate the dividend payout ratio. (Round any intermediate calculations and your final answer to two decimal places.)

Pearlman, Inc. provides the following information for 2019:



A) 42.02%

B) 23.36%

C) 30.00%

D) 43.86%


D) 43.86%





* Earnings per share = (Net income - Preferred dividend) / Weighted average number of common shares

outstanding

**Dividend payout ratio = Annual dividend per share / Earnings per share

Business

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