Helen owns 12.5% of the stock of the Median Corporation. If Median makes a dividend payment of $25,000,000 paid proportionally to its shareholders, how much of this amount would Helen receive, disregarding tax?

Question

Quizplus · Accepted Answer

To find out how much Helen would receive, we need to determine her percentage of ownership in the company. She owns 12.5% of the stock, which means she is entitled to 12.5% of the dividend payment. 
12.5% of $25,000,000 is (12.5/100) x $25,000,000 = $3,125,000 
Therefore, Helen would receive $3,125,000 from the dividend payment.

Helen Owns 12