Sinclair Corporation had net income of $$200,000$ and paid dividends to common stockholders of $$40,000$ in

$2019.$ The weighted average number of shares outstanding in $2019$ was $50,000$ shares. Sinclair Corporation's

common stock is selling for $$60$ per share on the New York Stock Exchange. Sinclair Corporation's payout

ratio for $2019$ is

a$.$ $$4$ per share.

b $25\%.$

c$.20\%.$

d$.12\mathrm{.}5\%.$