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You Purchased 100 Shares of Tech, Inc

Question 154

Multiple Choice

You purchased 100 shares of Tech, Inc. stock on June 10. On June 15, you purchased another 200 shares and then on June 22 you purchased your final 300 shares of Tech, Inc. stock. The company
Declared a dividend of $1.35 a share on May 31 to holders of record on Friday, June 25. The
Dividend is payable on June 30. How much dividend income will you receive on June 30 from Tech,
Inc) ?


A) $135
B) $405
C) $540
D) $675
E) $810

Correct Answer:

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