Question

Years ago, home depot had an annual dividend of $0.90. if you owned 4,000 shares of home depot, how much did you receive annually in dividends?

Answer 1

Given:

# of shares = 4000

Dividend per share = 0.90

The income by dividends is the product of the number of shares and the dividend per share.

Income Dividends = # of shares x Dividend per share

4000 x 0.90 = 3600