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Uhri Corporation Has Provided the Following Data

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Uhri Corporation has provided the following data:
Uhri Corporation has provided the following data:   Dividends on common stock during Year 2 totaled $4,000.The market price of common stock at the end of Year 2 was $6.08 per share.The company's dividend payout ratio for Year 2 is closest to: A)  7.8% B)  1.3% C)  11.1% D)  0.8% Dividends on common stock during Year 2 totaled $4,000.The market price of common stock at the end of Year 2 was $6.08 per share.The company's dividend payout ratio for Year 2 is closest to:


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