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2 years ago

Triad common stock is selling for $27.80 a share and has a dividend yield of 2.8 percent. What is the dividend amount?

Business

1 answer:

7nadin3 [17]2 years ago

3 0

Answer:

B. $.78

Explanation:

Shares are units of ownership of a company that is sold to investors in order to get funds needed to run operations and other business needs.

The investors receive a payment on their shares form the profit made by the business. This is called dividend.

In the given instance Triad common stock is selling for $27.80 a share with dividend yield of 2.8 percent.

To get the dividend amount multiply share price by the dividend percentage.

Dividend = 0.028 * 27.80 ~ $0.78

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