Bright Industries has an annual dividend growth rate of 6% and a retention rate of 55%. The company's dividend payout ratio is: A. 30% B. 35% C. 40% D. 45%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 13P
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What is the company's dividend payout ratio of this financial accounting question?

Bright Industries has an annual dividend growth rate of 6%
and a retention rate of 55%. The company's dividend
payout ratio is:
A. 30%
B. 35%
C. 40%
D. 45%
Transcribed Image Text:Bright Industries has an annual dividend growth rate of 6% and a retention rate of 55%. The company's dividend payout ratio is: A. 30% B. 35% C. 40% D. 45%
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