A firm's dividend payout ratio is defined as the percentage of the residual cash flow paid to the shareholders in the form of a dividend. Suppose that a particular stock, with a residual cash flow of $6.00 per share, has paid a dividend of $0.40 per share. In this case, what is the stock's dividend payout ratio? % Place your answer as a percentage without the present sign. For example, if your intended answer is six point five three percent, then submit 6.53.