Question

Manuel's portfolio includes 66 shares of Dell, 95 shares of Coca Cola, and 180 shares of Nike. If Dell pays a yearly dividend of $1.79 per share, Coca Cola pays $2.62 per share, and Nike pays $1.18 per share, how much does Manuel receive in dividends every year?

Answer 1

We are going to take out the dividends step by step:
 Dell:
 (66) * (1.79) = 118.14 $
 Coca Cola:
 (95) * (2.62) = 248.9 $
 Nike:
 (180) * (1.18) = 212.4 $
 Adding the three dividends we have:
 118.14 + 248.9 + 212.4 = 579.44 $
 Answer: 
 Manuel does receive 579.44 $ in dividends every year