Question

What is the total annual dividend received from owning 100 shares of stock A, if Company A issues a $0.15 quarterly dividend to its shareholders?

Answer 1

$60/year

Step-by-step explanation:

If Company A issues a $0.15 quarterly dividend to its shareholders, then the annual dividend per share would be:

$0.15/quarter x 4 quarters/year = $0.60/year

To find the total annual dividend received from owning 100 shares of stock A, we can multiply the annual dividend per share by the number of shares:

$0.60/year x 100 shares = $60/year

Therefore, owning 100 shares of stock A would result in a total annual dividend of $60.