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Assume you own shares in Walmart and that the company currently earns $3.28 per share and pays annual dividend payments that total $2.08 a share

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Assume you own shares in Walmart and that the company currently earns $3.28 per share and pays annual dividend payments that total $2.08 a share each year. Calculate the dividend payout for Walmart. (Enter your answer as a percent rounded to 2 decimal places.)

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