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    Determining the Dividend Payout Ratio

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    Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10.

    What was Quality's dividend payout ratio?

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    https://brainmass.com/business/business-math/determining-dividend-payout-ratio-31605

    Solution Preview

    Please refer to attached file response.

    Your question is this: Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10. What was Quality's dividend payout ratio?
    A dividend is a cash payment from profits announced by a company's board of directors and distributed among ...

    Solution Summary

    Last year Quality's earnings per share were $2.34 and it paid a dividend of $1.10. This solution calculates the Quality's dividend payout ratio.

    $2.19