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Zenani Inc reported earnings per share ( EPS ) of R 5 . 0 0 and paid a dividend of R 1 . 2 5

Zenani Inc reported earnings per share (EPS) of R5.00 and paid a dividend of R1.25 per share. Calculate
the dividend payout ratio for this business.
Select one:
0.75
0.50
0.25
1.00
0.20
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