# Walt Disney Co paid a $1.42 annual dividend on a day it closed at a price of $96 per share.a. What was the annual dividend for 500 shares?b. What was the quarterly dividend for 500 shares?c. Express the yield as a fraction.d. What was the yield to the nearest tenth of a percent?

Chapter 8, Application 8.9 #8

Walt Disney Co paid a $1.42 annual dividend on a day it closed at a price of $96 per share.

a. What was the annual dividend for 500 shares?

b. What was the quarterly dividend for 500 shares?

c. Express the yield as a fraction.

d. What was the yield to the nearest tenth of a percent?

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**Related Book For**

## Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790