Accounting: What the Numbers Mean 9th Edition by Wayne W McManus, Daniel F Viele, David H Marshall

Exercise 63

Interpret dividend information from an annual report Refer to the Intel Corporation annual report in the appendix. From the table of quarterly financial information on page 745 and the Selected Financial Data (Five-Year Financial Summary) on page 685, find the information relating to cash dividends on common stock.

Required:

a. How frequently are cash dividends paid?

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b. What has been the pattern of the cash dividend amount per share relative to the pattern of earnings per share?

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c. Calculate the rate of change in the annual dividend per share for each of the years from 2005 through 2008.

Step 1 of 3

a. Quarterly.  See quarterly financial information on page 114.