Question

Use this chart to answer the following questions.

QUARTER
DIVIDEND DIVIDEND FOR 55 SHARES
1 $.50/share 27.50
2 $.35/share 19.25
3 $.62/share
4 $.50/share 27.50
Total Dividends for 1 Year
How much would an investor with 55 shares of this stock have earned in dividends in one year?
$108.35
$106.75
$107.85
$109.05

Answer 1

The amount that an investor with 55 shares of this stock have earned in dividends will make in one year is A. $108.35.

How to calculate the dividend?

It should be noted that the dividend for the year will simply be calculated by adding the dividend in each quarter.

Therefore, the amount that an investor with 55 shares of this stock have earned in dividends will make in one year will be:

= $27.50 + $19.25 + $34.10 + $27.50

= $108.35

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