The Walt Disney Company paid a $0.35 annual dividend on a day it closed at a price
Question:
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?
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...
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a 500 035 175 b 175 4 4375 c Yield Annual dividen...View the full answer
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Related Book For 
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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