Please show work. Thank You. (Dividend payout ratio) Calculate the cash dividend paid per share...

70.2K

Verified Solution

Question

Accounting

Please show work. Thank You.

(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 The dividend per share for Emerson Electric is $_______ per share. (Round to the nearest cent.) The dividend per share for Intel Corp is $_________per share. (Round to the nearest cent.) The divident per share for Wal-Mart is $__________per share. (round to the nearest cent.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students