Question

Chuck's Computer Corporation has 10,000 shares of stock outstanding.

If it declares dividends of $15,000, what is the dividend per share of stock?

What would be your share of the declared dividend if you owned 50 shares?

Answer 1

Hi there
the dividend per share of stock
15,000÷10,000
=1.5 per share
if you owned 50 shares
1.5×50
=75

Hope it helps

Answer 2

If you owned 50 shares then 75 would be your share of declare dividened.

Explanation:

Given

Chuck's Computer Corporation has total number of shares of stock = 10,000

Amount Declare dividened= $15,000

Dividened per share of stock =
`(Total\; amount \; declare\; dividened)/(total\; number\; of shares)`

Dividened per share of stock=
`(15000)/(10000)`

Dividened per share of stock=$1.5

If you owned total number of shares= 50

Your share would be declare dividened=
`Dividened \;per \;share\; of\; stock* Total \; number\; of shares\; owned`

Your share would be declared dividened=
`1.5* 50`

Your share would be declare dividened= $75

Hence, Dividened per share of stock= $1.5

Your share would be declare dividened= $75