Pronghorn Marine Supply Corporation had net income of $$1980000$ and paid dividends to common stockholders of $$396000$ in $2025.$ The weighted average number of shares outstanding in $2025$ was $528000$ shares. Pronghorn Marine Supply Corporation's cornmon stock is selling for $$40$ per share on the NASDAQ. Pronghorn Marine Supply Corporation's payout ratio for $2025$ is

$5\%.$

$$4$ per share.

$20\%.$

$13\%.$