Question

If you owned 2,000 shares of Exxon Mobile stock, how much dividend did you receive? Use the stock table below to find
your answer.
Name
Exxon Mobil
Symbol
XOM
Close
$82.80
Day Range
$82.47-$83.23
52-Week Range $80.30-$95.55
Volume
7,513,630
P/E
34.50
Dividend
$3.08
Dividend Yield
3.7%
EPS
$2.40

Answer 1

Answer:

  $6,160

Step-by-step explanation:

The total amount of dividend received is the product of the number of shares and the dividend per share:

  (2000 shares) × ($3.08/share) = $6,160.00 . . . dividend received