The preferred stock of Casco has a 6.25 percent dividend yield. The stock is currently priced at $59.30 per share. What is the amount of the annual dividend?

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asked Jun 9, 2024 177k views

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The preferred stock of Casco has a 6.25 percent dividend yield. The stock is currently priced at $59.30 per share. What is the amount of the annual dividend?

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college

Konstantin Tarkus asked

by Konstantin Tarkus

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Answer:

the interest rate charged per period multiplied by the number of periods per year

MachineLearner answered Jun 14, 2024

by MachineLearner

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