Question

Drius Security stock has a yearly dividend of $12.11. If you own 132 shares of Drius Security, how much do you get paid in quarterly dividends? a. $133.21 b. $1,598.52 c. $366.96 d. $399.63

Answer 1

Dividends are paid per share. So $12.11 per year is paid per share.

So, if you own 132 shares, you get $132*12.11=1598.52$ dollars per year for all the stocks.

A quarter is $\frac{1}{4}$ of a year.

So, you would be expected to get $\frac{1}{4}*1598.52=399.63$ dollars in quarterly dividends. Answer choice D is correct.

ANSWER: D

Answer 2

Answer:

The correct answer is D.) $399.63

Step-by-step explanation: Just took the test and got every answer right on edg.