Question

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.​

Answer 1

Answer:

20 dollars

Step-by-step explanation:

.10 x 4 (each quareter) = .40

.40 x 50 = 20.00

= $20.00