Asked Nov 16, 2019
  1. You own 100 shares of XYZ common stock. XYZ’s quarterly dividend is $1.00 per share. What is the amount of the dividend check you can expect to receive for this year?

Expert Answer

Step 1

Number of Shares Own = 100

Quarterly Dividend per Share = $1.00

Number of Payments in a Year = 4



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Number of Shares x Quarterly Dividend x Number of Payments in a Year Total Dividend =100 x $1.00 x 4 $400.00


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