Question

If you own 14,000 shares of stock of Nike and it pays a dividend of $0.25 per share, then what is the total dividend you will receive? The total dividend that you will receive is $ . (Round to the nearest dollar.)

Answer 1

Hi,

As per policy we will solve only first question here.

Here total number of shares= 14,000

per share dividend = $0.25

Total dividend = total number of shares* per share dividend

= 14000*0.25

= $3,500

hence you will receive $3,500 in total dividends.

Thanks