What was the payout ratio?

Current Attempt in Progress Wildhorse Co. had net income of $163600 and paid dividends of $45500 to common stockholders and $22500 to preferred stockholders in 2020. Wildhorse Co.'s common stockholders' equity at the beginning and end of 2020 was $869000 and $ 1030000, respectively. Wildhorse Co.'s payout ratio for 2020 was O 43.45%. 27.81%. 4.55%. 14.85%. Save for Later Attempts: 0 of 1 used Submit