Assume the company paid a dividend of $5 per share on August 3. What is the total amount of the dividends that would be paid to the common stockholders?
A) $95,000
B) $100,000
C) $90,000
D) $76,000

Question

Quizplus · Accepted Answer

The total amount of dividends paid to common stockholders is $95,000. This is calculated by multiplying the number of shares outstanding (19,000) by the dividend per share ($5).

Assume the Company Paid a Dividend of $5 Per Share