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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
(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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