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Lisa Purchased 200 Shares of ABC Stock on May 15th

Question 44

Multiple Choice

Lisa purchased 200 shares of ABC stock on May 15th.On May 21st,she purchased another 200 shares,and then on May 22nd,she purchased 200 additional shares.The company declared a dividend of $1.47 a share on May 5th to holders of record on Friday,May 23rd.The dividend is payable on May 31st.How much dividend income will she receive on May 31st from ABC?


A) $0
B) $294
C) $234
D) $468
E) $588

Correct Answer:

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