1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anton [14]
1 year ago
8

A stock currently sells for $49. the dividend yield is 3.8 percent and the dividend growth rate is 5.1 percent. what is the amou

nt of the dividend that was just paid?
Business
1 answer:
polet [3.4K]1 year ago
5 0

The amount of the dividend that was just paid is $91.23

Given,

Current price of stock - $49

Dividend yield - 3.8 percent

Dividend growth rate - 5.1 percent

In order to get the amount of the dividend to be paid in one year, we calculate it using the below given formula-

Dividend yield = Dividend for next period × Current price

= $49 × 3.8%

= $49 × 1.862

= $91.23

Therefore, the amount of the dividend that was just paid is $91.23

In order to share profits with a company's stockholders, dividends are used to make payments. Dividends can be either distributed quarterly, or may be paid out as cash or in the form of reinvestment in additional stock.

To learn more about dividends here:

brainly.com/question/28236081

#SPJ4

You might be interested in
Matt and alicia created a firm that is a separate legal entity and will share ownership of that firm on a 75/25 basis. which typ
Wittaler [7]
The type of <span>entity that they created if they have no personal liability for the firm's debts would be: Corporation
In case of bankruptcy, a corporation must sell all of its assets to pay up the debt. But after all assets are liquidated, the debtor couldn't seek the payment further to the corporation's owner and have to accept the residual debt as a loss.</span>
5 0
3 years ago
Under FINRA rules, to recommend a direct participation program to a customer, the registered representative must ascertain that
mylen [45]

Answer:

has a fair market net worth sufficient to sustain the risks of the program.

Explanation:

FINRA is an acronym for Financial Industry Regulatory Authority. It is a non-profit agency in the United States of America, which is saddled with the responsibility of handling the licensing and regulation of broker-dealers in securities.

A direct participation program (DPP) can be defined as a financial security which gives an investor (customer) access to the cash flow and tax benefits of a business venture.

Under FINRA rules, to recommend a direct participation program (DPP) to a customer, the registered representative must ascertain and ensure that the customer has a fair market net worth that is considered to be sufficient to sustain the risks associated with the program, including loss of investment and lack of liquidity.

5 0
3 years ago
The following selected transactions were completed by Fasteners Inc. Co., a supplier of buttons and zippers for clothing:
Lera25 [3.4K]

<u>Solution and Explanation:</u>

The following journal entries will be passed in the book sof fasteners Inc., Co., which is a supplier of buttons and zippers for clothing

Date        Accounts Titles and Explanation  Post Ref    Debit  Credit

1 Nov-21  Notes receivable                                      $ 72,000  

      Accounts receivable-McKenna Outer Wear Co.        $ 72,000

2  Dec-31  Interest receivable (72000 * 9 \% * 40 / 360)    $720  

 Interest revenue                                                     $ 320

3  Jan-20  Cash                                           $ 73080  

 Interest revenue (72000 * 9 \% * 20 / 360)         $360

 Interest receivable                                          $720

 Notes receivable                                               $72,000

Note: the figures have been calculated and rounded off in the nearest dollar amount.

4 0
3 years ago
The par value per share of common stock represents the
zavuch27 [327]
Amount of dividends per share to be received each year
3 0
3 years ago
Define a structure and identify its parts providing a syntax example. how is a structure initialized and accessed. please provid
kaheart [24]
Structures are derived data types, they are constructed using objects of other types
6 0
3 years ago
Other questions:
  • Which of the following activities do marketers use as a way to lower product costs? A. Shop around for the best suppliers B. Off
    6·2 answers
  • The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty
    12·1 answer
  • An increase in the expected price level shifts short-run aggregate supply to the
    14·1 answer
  • Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
    6·2 answers
  • In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set
    5·1 answer
  • By improving the quality of goods and services produced, the ______ value of products and services is enhanced.
    6·1 answer
  • Portman Industries just paid a dividend of $2.16 per share. The company expects the coming year to be very profitable, and its d
    12·1 answer
  • Best Birdies produces ornate birdcages. The company's average cost per unit is $22 when it produces 2700 birdcages. If $5700 of
    8·2 answers
  • B) Assume you are a brand manager of a clothing brand that offers formal clothing for
    14·1 answer
  • Taylor's nominal income is $50,000 per year in Acity where the cost-of-living index is 200. Taylor is considering accepting a si
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!