If you own 15,000 shares of stock of Kenneth Cole Productions and it pays a dividend of

Question:

If you own 15,000 shares of stock of Kenneth Cole Productions and it pays a dividend of $0.18 per share, then what is the total dividend you will receive?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of Corporate Finance

ISBN: 978-0321818171

2nd Canadian edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

Question Posted: