Answer:
$307.2 per year
Explanation:
We know that,
Dividend yield = Percentage of the current stock selling price
So, the dividend would be
= $48 × 3.2%
= $1.536
For 200 shares, the dividend income would be
= Number of shares purchased × dividend per share
= 200 shares × $1.536
= $307.2 per year
First, we have to find out the dividend per share and then multiply it by the number of shares purchased
WHAT is the question???????? idk how to answer
Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself