Refer to the Campbell Soup Company annual report in the appendix. From the table of quarterly financial

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Refer to the Campbell Soup Company annual report in the appendix. From the table of quarterly financial information on page 749 and the Selected Financial Data (Five-Year Review- Consolidated) on page 709, find the information relating to cash dividends on common stock.

Required:
a. How frequently are cash dividends paid?
b. What has been the pattern of the cash dividend amount per share relative to the pattern of earnings per share?
c. Calculate the rate of change in the annual dividend per share for each of the years from 2008 through 2011.

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Accounting What the Numbers Mean

ISBN: 978-0078025297

10th edition

Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele

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