Brett owns 236 shares of Animite Energy Co., each of which offers a yearly dividend of $3.59. How much money does Brett receive from dividends every year?

Question

asked Mar 17, 2018 191k views

2 Answers

Pavel Vladov · Answer 1 · 2018-03-23T05:34:34+0000

Answer:

$847.24

Step-by-step explanation:

Given,

Number of shares owned by Breet = 236

Yearly dividend paid per share = $3.59

Total money received from dividend each year by Brett

= 236 × $3.59

= $847.24

The amount received yearly from Dividends by Brett is $847.24 which is the product of the number of shares owned and the amount paid per share.