For this problem use 3.14 for , and any non-integer answers should be entered as decimals rounded to the hundredths place. Lanno
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The total annual dividend which is received from owning 50 shares of stock A, when Company A Issues a $0.10 quarterly dividend to its shareholders, is $20.
<h3>What is market value?</h3>Market value is the current price of a product, company, or something consorting to the stock of the market.
The total annual dividend received from owning 50 shares of stock A has to be found out when Company A Issues a $0.10 quarterly dividend to its shareholders.
- Quarterly dividend is paid in each three month of the year.
- The dividend is paid 4 times in a year.
For each quarter, the payment of dividend is,
In a year,
Thus, the total annual dividend which is received from owning 50 shares of stock A, when Company A Issues a $0.10 quarterly dividend to its shareholders is $20.
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