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?

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Ya Xiao asked Apr 27, 2023

71,433 views

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?

Mathematics
college

Ya Xiao asked Apr 27, 2023

by Ya Xiao

3.0k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

2 Answers

25 votes

Answer:

$1,260

Explanation:

3000 x .42 = 1260

Inverce answered Apr 30, 2023

by Inverce

3.1k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

16 votes

Answer:

$ 12.60

Explanation:

30 shares × $ 0.42 = $ 12.60

Jandot answered May 1, 2023

by Jandot

2.6k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

2 Answers

0 Comments

Your comment on this answer:

0 Comments

Your comment on this answer:

Other Questions