Mary Jane owns 1,000 shares of TUV Trucking Company. TUV pays a yearly dividend of $2.00 per share. What is the total annual dividend that Mary Jane will receive?

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asked Nov 21, 2020 154k views

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MKougiouris · Answer 1 · 2020-11-27T23:56:50+0000

Answer:

May Jane will receive total annual dividend of $2,000

Step-by-step explanation:

The company pays a dividend of $2.00 per share and Mary Jane owns 1,000 shares so the total annual dividend that she will receive will be (Dividend per share*no of shares) = 2*1000= 2,000

Mary Jane owns 1,000 shares of TUV Trucking Company. TUV pays a yearly dividend of $2.00 per share. What is the total annual dividend that Mary Jane will receive?

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