Question
(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)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: (Round to the nearest cent.)
Company | Dividend Payout Ratio | Earnings Per Share |
Emerson Electric Co | 52% | $2.490 |
Intel Corporation | 127% | $0.438 |
Wal-Mart Stores | 30% | $3.410 |
The dividend per share for Emerson Electric is $_____ per share. (Round to the nearest cent.)
The dividend per share for Intel Corporation is $_____ per share. (Round to the nearest cent.)
The dividend per share for Wal-Mart Stores is $_____ per share. (Round to the nearest cent.)
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