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What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders? total annual dividend = [?] Roun…

What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders? total annual dividend = [?] Roun…
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What is the total annual dividend received from owning 50 shares of stock A, if Company A issues a $0.10 quarterly dividend to its shareholders?

total annual dividend = [?]
Round to the nearest hundredth.​

asked
User Bartosz Milewski
by
8.7k points

1 Answer

3 votes

Answer:

20 dollars

Explanation:

.10 x 4 (each quareter) = .40

.40 x 50 = 20.00

= $20.00

answered
User Elliot Gorokhovsky
by
8.3k points
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