What is the company's dividend payout ratio of this financial accounting question? Orion Enterprises has an annual dividendgrowth rate of 4.5% and a retention rate of 35%.What is the company's dividend payout ratio?

Step 1: Definition of Dividend Payout RatioThe Dividend Payout Ratio is the percentage of net income…

Answered: Orion Enterprises has an annual…

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 6P

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Orion Enterprises has an annual dividend growth rate of 4.5% and a retention rate of 35%. What is the company's dividend payout ratio?