Question

Chuck's Computer Corporation has 10,000 shares of stock outstanding.

Answer 1

12,000÷10,000=1.2
1.2×50=60

Answer 2

Divident per share = $\frac{Total Dividend Amount}{Number Of Shares}$

We know total dividend amount is $12,000 and number of shares is 10,000. Dividend per share is $\frac{12,000}{10,000}=1.2$ dollars.

How much will someone with 50 shares get?

If 1 share gets $1.2 as dividend, 50 shares will get $50*1.2=60$ dollars as dividend.

Furthermore, how much is $60 out of total $12,000 (in dividends)? We divide 60 by 12,000 and then multiply by 100.

$\frac{60}{12000}=0.005*100=0.5$percent.

ANSWER:

Dividend per share is $1.2

For owning 50 shares, he/she should get $60 (which is 0.5% of original)