A stock pays a constant annual dividend and sells for $31.11 a share.If the dividend yield on this stock is 9%,what is the dividend amount?
A) $1.40
B) $1.80
C) $2.20
D) $2.40
E) $2.80
Correct Answer:
Verified
Q24: Shares of common stock of the Samson
Q29: The common stock of Grady Co. had
Q66: The Reading Co.has adopted a policy of
Q67: Martin's Yachts has paid annual dividends of
Q69: The dividend yield on Alpha's common stock
Q70: Leslie's Unique Clothing Stores offers a common
Q73: The common stock of Eddie's Engines,Inc.sells for
Q74: B&K Enterprises will pay an annual dividend
Q75: Turnips and Parsley common stock sells for
Q76: Bet'R Bilt Bikes just announced that their
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents