Patsy banz owns 220 shares of a stock. for the last calendar quarter, the company paid a dividend of $0.47 a share. what is the

Question

2 years ago

6

total amount she received in her dividend check for this quarter?

1 answer:

Ede4ka [16] · Answer 1 · 2023-12-05T19:35:44+03:00

Patsy Banz is the owner of 220 shares. The business distributed a $0.47 per share dividend for the previous calendar quarter.

220 x 0.47 = $103.40 is the entire amount she received in her dividend check for this quarter.

<h3>Which dividend is this?</h3>

A corporation's payout of profits to its shareholders is known as a dividend. A corporation may distribute a portion of a profit or excess as a dividend to its shareholders.
Any remaining funds are withdrawn and reinvested back into the company. A dividend is money distributed from profits to shareholders. They often receive quarterly pay.
For instance, AT&T has been making such distributions for a number of years, with the price per share for its 2021 third-quarter issuance set at $2.08.

To learn more about dividend, refer to:

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