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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)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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