Helen owns 2.5% of the stock of the Median Corporation. If Median makes a dividend payment of $19 000 000 paid proportionally to its shareholders, how much of this amount would Helen receive, disregarding tax?

Question

Quizplus · Accepted Answer

To find out the amount Helen would receive, we need to multiply the total dividend amount by the percentage of stock she owns:

$19 000 000 x 0.025 = $475 000

Therefore, Helen would receive $475 000 from Median Corporation's dividend payment.

Helen Owns 2