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1. During the four quarters for 2015, the Haydens received two quarterly dividend payments per
share of $0.15 each, one quarterly payment of $0.26, and one quarterly payment of $0.21. If they
owned 200 shares of stock, what was their total dividend income for 2015?
Solution
Given The Dividends are as follows
First Quarter Dividend per share= $ 0.15
Second Quarter Dividend per share= $ 0.15
Third Quarter Dividend per share= $ 0.26
Fourth Quarter Dividend per share= $ 0.21
Total Dividend per share = $ 0.15+ $ 0.15+ $0.26+ $ 0.21 =$0.77 per share
No of Shares = 200
Total Dividend received for the Year 2015 = 200*$0.77 = $ 154

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  • 1. 1. During the four quarters for 2015, the Haydens received two quarterly dividend payments per share of $0.15 each, one quarterly payment of $0.26, and one quarterly payment of $0.21. If they owned 200 shares of stock, what was their total dividend income for 2015? Solution Given The Dividends are as follows First Quarter Dividend per share= $ 0.15 Second Quarter Dividend per share= $ 0.15 Third Quarter Dividend per share= $ 0.26 Fourth Quarter Dividend per share= $ 0.21 Total Dividend per share = $ 0.15+ $ 0.15+ $0.26+ $ 0.21 =$0.77 per share No of Shares = 200 Total Dividend received for the Year 2015 = 200*$0.77 = $ 154