SkyFuel Energy Corp. has an annual dividend growth rate of 6% and a retention rate of 55%. What is the company's dividend payout ratio? A. 35% B. 40% C. 45% D. 60%

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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Please help me solve this general accounting problem with the correct financial process.

SkyFuel Energy Corp. has an annual dividend growth rate of
6% and a retention rate of 55%. What is the company's
dividend payout ratio?
A. 35%
B. 40%
C. 45%
D. 60%
Transcribed Image Text:SkyFuel Energy Corp. has an annual dividend growth rate of 6% and a retention rate of 55%. What is the company's dividend payout ratio? A. 35% B. 40% C. 45% D. 60%
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