Sydthekid2367 Sydthekid2367

07-12-2019
Business

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Mary Jane owns 1,000 shares of TUV Trucking Company. TUV pays a yearly dividend of $2.00 per share. What is the total annual dividend that Mary Jane will receive?

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shahzaibnaeem37 shahzaibnaeem37

07-12-2019

Answer:

May Jane will receive total annual dividend of $2,000

Explanation:

The company pays a dividend of $2.00 per share and Mary Jane owns 1,000 shares so the total annual dividend that she will receive will be (Dividend per share*no of shares) = 2*1000= 2,000

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