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.