The dividend pay out ratio can be determined by dividing dividend per share by

Earning per share
Number of equity shares
Market value per share
Book value per share

The correct answer is A. Earning per share.

The dividend payout ratio is a measure of how much of a company’s earnings are paid out as dividends to shareholders. It is calculated by dividing the company’s dividend per share by its earnings per share.

A high dividend payout ratio indicates that a company is returning a lot of money to shareholders, while a low dividend payout ratio indicates that a company is reinvesting more of its earnings back into the business.

Earnings per share (EPS) is a measure of a company’s profitability. It is calculated by dividing a company’s net income by the number of shares outstanding.

Number of equity shares is the total number of shares that a company has issued.

Market value per share is the price of a company’s stock on the stock market.

Book value per share is the value of a company’s assets minus its liabilities, divided by the number of shares outstanding.

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