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The dividend payout ratio describes: a.dividends as a percentage of the price/earnings ratio. b. the relationship of dividends per share to market price per share.

The dividend payout ratio describes:

a.dividends as a percentage of the price/earnings ratio.

b. the relationship of dividends per share to market price per share.

c. the percentage change in dividends this year compared to last year.

d. the proportion of earnings paid as dividends.

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