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Michelle bought 3000 shares of a stock at $24 per share. The company paid annual dividends of $0.42 per share. What is the total annual dividend?
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9 votes
Michelle bought 3000 shares of a stock at $24 per share. The company paid annual

dividends of $0.42 per share. What is the total annual dividend?

User Abbafei
by
8.3k points

2 Answers

6 votes

Answer:

$1,260

Explanation:

3000 x .42 = 1260

User Curunir
by
7.7k points
7 votes

Answer:

$ 12.60

Explanation:

30 shares × $ 0.42 = $ 12.60

User Amit Karsale
by
8.5k points
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