A firm paid a dividend of $$1\mathrm{.}68$ per share this year and had earnings of $$4\mathrm{.}25$ a share. The market price of its stock is $$50\mathrm{.}90.$ What is its dividend payout ratio?

A firm paid a dividend of $$1\mathrm{.}68$ per share this year and had earnings of $$4\mathrm{.}25$ a share. The market price of its stock is $$50\mathrm{.}90.$ What is its dividend payout ratio?

$3\mathrm{.}3\%$

$25\mathrm{.}3\%$

$39\mathrm{.}5\%$

$8\mathrm{.}3\%$