Sarasota Marine Supply Corporation had net income of $$1940000$ and paid dividends to common stockholders of $$310400$ in $2025.$ The weighted average number of shares outstanding in $2025$ was $414000$ shares. Sarasota Marine Supply Corporation's common stock is selling for $$60$ per share on the NASDAQ. Sarasota Marine Supply Corporation's payout ratio for $2025$ is

$$5$ per share.

$6\%.$

$15\%.$

$16\%.$