Ivanhoe Corporation had the following information in its financial statements for the year ended 2025...
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Accounting
Ivanhoe Corporation had the following information in its financial statements for the year ended 2025 and 2026: Common cash dividends for the year 2026 $19600 Net income for the year 2026 122000 Market price of stock, 12/31/26 24 Common stockholders' equity, 12/31/25 2100000 Common stockholders' equity, 12/31/26 2610000 Outstanding shares, 12/31/26 152600 Preferred dividends for the year 2026 29900 What is the payout ratio for Ivanhoe Corporation for the year ended 12/31/2026?
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