Question

Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?

Answer 1

$5.14 per share in dividends

Step-by-step explanation:

Andrew owns stock in Hyren Airlines and as a result gets paid dividends worth $539.70 every year. If Andrew owns 105 shares of Hyren Airlines, how big is the dividend each share yields?

= total dividends per year / number of shares owned

= $539.70 / 105

= $5.14 per share in dividends