Question

suppose you own 60 shares in microsoft, which pay a dividend of $0.13 per share per year. How much will you receive in dividends over 5 years, assuming the dividends stay the same and you buy no more stock?

Answer 1

Dividend per share
0.13×5
=0.65

you will receive in dividends over 5 years
0.65×60 shares
=39. ...answer

Answer 2

dividends would be $39.00 over 5 years.

Explanation:

You own shares of Microsoft = 60

which pay a dividends per share per year = $0.13

∵ For one year, dividend = 60 × 0.13 = $7.80

∴ For five years, dividend would be = 7.80 × 5 = $39.00

If dividends stay the same and you buy no more stock, you would receive $39.00 dividends over 5 years.