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Bronson, Inc. has eamings per share of $2.20 per share for the current year. The...

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Accounting

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Bronson, Inc. has eamings per share of $2.20 per share for the current year. The company also paid a $0.20 per share dividend to common stockholders. The market price at the end the end of the year is $7.50 per share of common stock. Calculate the dividend payout for common stock. (Round your answer to two decimal places.) A. 2.67% B. 32% C. 29.33% D. 9.09%

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