What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders? total annual dividend = [?] Round to the nearest hundredth.

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Makhiel asked Mar 13, 2022

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What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders?

total annual dividend = [?]
Round to the nearest hundredth.

Mathematics
high-school

Makhiel asked Mar 13, 2022

by Makhiel

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1 Answer

8 votes

Answer:

20 dollars

Explanation:

.10 x 4 (each quareter) = .40

.40 x 50 = 20.00

= $20.00

Arinze answered Mar 19, 2022

by Arinze

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