XYZ Corp has total Assets of $100,000 for 2018 and $162,000 for 2019 Similarly Total equity for 2018 was $220,000 and for 2019 total equity was $263,500. No new shares were issued or repurchased during 2019. Sales for the year are reported at $934,600 and the firm had a net income for 2019 of $67,800. Calculate the dividend payout ratio for XYZ Corp.