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?

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!
Related Book For answer-question

Financial Algebra Advanced Algebra With Financial Applications

2nd Edition

Authors: Robert Gerver, Richard J. Sgroi

ISBN: 9781337271790