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Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?

User Kwexi
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1 Answer

5 votes

Answer:

$5.14 per share in dividends

Step-by-step explanation:

Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?

= total dividends per year / number of shares owned

= $539.70 / 105

= $5.14 per share in dividends

User Maroodb
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