If The Globe and Mail lists a stock's dividend as $1, then it is most likely the case that the stock:
A)pays $1 quarterly, or an estimated $4 annually.
B)pays $0.25 quarterly, or an estimated $1 annually.
C)paid $1 during the past quarter, with no future dividends forecast.
D)paid $1 during the past year, with no future dividends forecast.

Question

Quizplus · Accepted Answer

When a stock's dividend is listed as a specific amount, such as $1, it typically refers to the total annual dividend amount. Therefore, if dividends are paid quarterly, this amount would be divided by four, resulting in a $0.25 dividend per quarter to reach the $1 annual total.

If the Globe and Mail Lists a Stock's Dividend as $1