Question

A certain stock pays dividends of $0.44. How much would you receive if you owned 100 shares? Round your answer to the nearest cent, if necessary. A. $40.44 B. $44.00 C. $88.00 D. $4,400.00

Answer 1

If a stock pays dividends of $0.44 per share and you own 100 shares, then you would receive a total of $44.00 in dividends, B is correct option.

Step-by-step explanation:

The question asks how much one would receive in dividends if they owned 100 shares of a stock that pays $0.44 per share.

To calculate the total dividend payment, you multiply the dividend per share by the number of shares owned:

Total Dividend Payment = Dividend per Share × Number of Shares

Total Dividend Payment = $0.44 × 100 = $44.00

Thus, if you own 100 shares of this stock, you will receive $44.00 in dividends.

So, B is correct option