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

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(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 (Click on the icon in order to copy its contents into a spreadsheet.) The dividend per share for Emerson Electric is $ per share. (Round to the nearest cent.)

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