(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.)