PLEASE HELPPP!!! my teacher doesn’t teach right and im extremely confused
5. ALGEBRA Sandy Schabel owns 400 shares of Exxon
Mobil (XOM) stock. After the quarterly dividends are reinvested
under a dividend reinvestment program (DRIP), she owns
401.6 shares. XOM is selling at $86.40 a share. Find the annual
dividend per share and the annual yield for XOM.
$34,698.24 is the total amount of money if you sell the stocks, im sorry I don't think this is what you are looking for I barely understood the question.
