Pilgrim Corp. stock currently sells for $25 per share? The annual dividend payment is $1.00 per share and earnings per share are $3.00. The dividend yield is ________ and the dividend payout ratio is ________

A) 12%; .4%
B) 8.33%; 25%
C) 4%; 33%
D) 33%; 4%.

Answer: C

Business

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Which type of firm described is likely to have a high dividend payout ratio policy?

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