Chuck's Computer Corporation has 10,000 shares of stock outstanding.

If it declares dividends of $15,000, what is the dividend per share of stock?

What would be your share of the declared dividend if you owned 50 shares?

Respuesta :

Hi there
the dividend per share of stock
15,000÷10,000
=1.5 per share
if you owned 50 shares
1.5×50
=75

Hope it helps

Answer:

If you owned 50 shares then 75 would be your share of declare dividened.

Step-by-step explanation:

Given

Chuck's Computer Corporation has total number of shares of stock = 10,000

Amount Declare dividened= $15,000

Dividened per share of stock = [tex]\frac{Total\; amount \; declare\; dividened}{total\; number\; of shares}[/tex]

Dividened per share of  stock=[tex]\frac{15000}{10000}[/tex]

Dividened per share of stock=$1.5

If you  owned total number of  shares= 50

Your share would be declare dividened= [tex]Dividened \;per \;share\; of\; stock\times Total \; number\; of shares\; owned[/tex]

Your share would be declared dividened= [tex]1.5\times 50[/tex]

Your share would be declare dividened= $75

Hence, Dividened per share of stock= $1.5

 Your share would be declare dividened= $75

Q&A Education