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Marcus Corp. has NI of 2 million, interest expense of 0.5 million, and a dividend 1.2 million this year. What is the companys dividend payout

Marcus Corp. has NI of 2 million, interest expense of 0.5 million, and a dividend 1.2 million this year. What is the companys dividend payout ratio?

25%

60%

41.67%

16.67%

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