Using the table below, determine how much you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares.
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The amount you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares is:$15.
Using this formula
Amount=Dividend (Div)×Number of shares
Where:
Dividend=0.15
Number of shares=100
Let plug in the formula
Amount=0.15×100
Amount=$15
Therefore the amount you will receive in dividends for the year from Cisco Systems given that you currently hold 100 shares is: $15.
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