Stockholder Ratios
Orion Corp.’s financial data for 2019 and 2018 included the following:
Required:
Calculate Orion’s dividend payout ratio for 20l9.
Introduction:
Dividend payout ratio that part of company’s profits that are immediately returned to shareholders as dividends. It calculates the percentage of earnings paid to the shareholders in the form of dividend.
To find:
The dividend payout ratio of Orion for the year 2019.
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