Question: Plants R Us , Inc. operates with a constant payout ratio of 3 5 % . After a challenging 2 0 1 8 , they

Plants R Us, Inc. operates with a constant payout ratio of 35%. After a challenging 2018, they were able to deliver $29,000 in net income to their 400 stockholders, each which hold 10 shares. What size dividend check should each shareholder expect to receive in 2019?
Group of answer choices
$2.54
$25.38
$7.25
$4.71
Dividends have to be declared before they can be paid

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