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Question 10 Not complete Marked out of 3.00 P Flag question Dividend Payout Ratio Evans & Sons, Inc., disclosed the following information in a recent

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Question 10 Not complete Marked out of 3.00 P Flag question Dividend Payout Ratio Evans & Sons, Inc., disclosed the following information in a recent annual report: 2018 2019 Net Income $35,000 $48,000 Preferred stock dividends 3,000 3,000 Average common stockholders' equity 1,000,000 1,500,000 Dividend per common share 1.90 2.00 Earnings per share 2.85 3.20 Market price per common share, year-end 19.00 21.00 Calculate the dividend payout for Evans & Sons for 2018 and 2019. Round answers to one decimal place. (Ex. 0.2345 = 23.5%) 2018 0 % 2019 O 96 Did the dividend payout increase from 2018 to 2019? The dividend payout from 2018 to 2019, Check

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