You own 310 shares of a blue chip companys stock, which you bought last year...

70.2K

Verified Solution

Question

Finance

You own 310 shares of a blue chip companys stock, which you bought last year for $65 per share. The company pays a quarterly dividend of $0.70 for a total of $2.80 per year. How much will your dividend check be this quarter?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students