Which of the following companies has the LOWEST payout ratio?

a company with $$49$ million cash dividends declared on common stock and a net income of $$203$ million

a company with $$28$ million cash dividends declared on common stock and a net income of $$142$ million

a company with $$18$ million cash dividends declared on common stock and a net income of $$94$ million

a company with $$97$ million cash dividends declared on common stock and a net income of $$376$ million