If the stock from a certain company pays a quarterly dividend of $0.25 per share, how much would an investor receive at the end of one quarter and at the end of the year?
Are these calculations correct?
1. 50 shares X $0.25/quarter/share = $12.50/quarter.
2. $12.50/quarter X 4 quarters/year = $50.00/year
3. Which is more accurate to use $0.25/quarter/share = ($0.25 per quarter per share) or $0.25/share/quarter = ($0.25 per share per quarter)?
Are these calculations correct?
1. 50 shares X $0.25/quarter/share = $12.50/quarter.
2. $12.50/quarter X 4 quarters/year = $50.00/year
3. Which is more accurate to use $0.25/quarter/share = ($0.25 per quarter per share) or $0.25/share/quarter = ($0.25 per share per quarter)?