Question

suppose you own 60 shares of Microsoft, which pay a dividend of $0.13 per share per year. How much will you recieve in dividends over 5 years, assuming the dividends stay the same and you buy no more stock?

Answer 1

The answer is 39 because 60x.13 x5 =39

Answer 2

Answer: Hello mate

So you own 60 shares of Microsoft, each share pays $0.13 per year if you want to know how much you win in a year, you need to multiply the number of shares that you have by the amount that each share pays.

Then you win 60*$0.13 = $7.8 per year

Now in 5 years, you will win 5 times this amount, this is: 5 * $7.8 = $39