(Dividend payout ratio) Calculate the cash dividend paid per share for each of the firms in the following table using their earnings per share and dividend payout ratio:

Company Dividend Payout Ratio Earnings per Share Emerson Electric Co. (EMR) 52% $2.490 Intel Corporation (INTC) 127% $0.438 Wal-Mart Stores Inc. (WMT) 30% $3.410

a.) The dividend per share for Emerson Electric is $( ) per share. (Round to the nearest cent.)

b.) The dividend per share for Intel Corporation is $( ) per share. (Round to the nearest cent.)

c.) The dividend per share for Wal-Mart Stores is $( ) per share. (Round to the nearest cent.)