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Skysong, Inc. had net income of $1601000 and paid dividends to common stockholders of $320200 in 2022. The weighted average number of shares outstanding in

Skysong, Inc. had net income of $1601000 and paid dividends to common stockholders of $320200 in 2022. The weighted average number of shares outstanding in 2022 was 960600 shares. Skysong, Inc.'s common stock is selling for $60 per share on the NASDAQ. Skysong, Inc.'s payout ratio for 2022 is

5%.

17%.

$5 per share.

20%.

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