(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 payoutratio:
|
Company |
Dividend Payout Ratio |
Earnings per Share |
||
|
Emerson Electric Co. (EMR) |
5252% |
$2.4902.490 |
||
|
Intel Corporation (INTC) |
127127% |
$0.4380.438 |
||
|
Wal-Mart Stores Inc. (WMT) |
3030% |
$3.4103.410 |
||
The dividend per share for Emerson Electric is
per share. (Round to the nearest cent.)
The dividend per share for Intel is
per share. (Round to the nearest cent.)
The dividend per share for Wal-Mart Stores is
per share. (Round to the nearest cent.)
Assuming Dividend Payout = 52%
Dividend Per Share for Emerson Electric = Dividend Payout*Earning
Per Share = 52%*2.490 = 1.29
Dividend Per Share for Intel = Dividend Payout*Earning Per Share
=12.7%*0.438 = 0.06
Dividend Per Share for Wal-Mart Stores = Dividend Payout*Earning
Per Share = 30%*3.41 = 1.02
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