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22 January, 23:50

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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  1. 23 January, 01:12
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    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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