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(Dividend payout​ ratio)  Calculate the cash dividend paid per share for each of the firms in...

(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)

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.)

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Answer #1

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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