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 quart

Question

3 years ago

6

erly dividends? a. $133.21 b. $1,598.52 c. $366.96 d. $399.63

2 answers:

aivan3 [116] · Answer 1 · 2022-04-22T03:05:14+03:00

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.

<em>A quarter is $\frac{1}{4}$ of a year. </em>

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

Allushta [10] · Answer 2 · 2022-04-22T05:02:19+03:00

Allushta [10]3 years ago

4 0

Answer:

The correct answer is D.) $399.63

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