torresdog3734 torresdog3734
  • 20-04-2021
  • Mathematics
contestada

Suppose you own 100 shares of stock. It pays $1 per share in dividend. How much will you

receive every quarter?

Respuesta :

Parrain
Parrain Parrain
  • 22-04-2021

Answer: $25

Step-by-step explanation:

You own 100 shares of the stock and it pays $1 per share as dividend.

Amount of dividends you receive will therefore be:

= 100 * 1

= $100

Dividends are however, quoted on a yearly basis. The quarterly dividend received would be:

= 100 / 4 quarters

= $25

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