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What bramble corp payout ratio is

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Reference no: EM132913970

Problem 1: Bramble Corp. had net income of $1617000 and paid dividends to common stockholders of $404250 in 2022. The weighted average number of shares outstanding in 2022 was 986370 shares. Bramble Corp.'s common stock is selling for $40 per share on the NASDAQ. Bramble Corp.'s payout ratio for 2022 is

$4 per share.
25%.
16%.

Reference no: EM132913970

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