71,434 views
12 votes
12 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 Ya Xiao
by
3.0k points

2 Answers

25 votes
25 votes

Answer:

$1,260

Explanation:

3000 x .42 = 1260

User Inverce
by
3.1k points
16 votes
16 votes

Answer:

$ 12.60

Explanation:

30 shares × $ 0.42 = $ 12.60

User Jandot
by
2.6k points