Ask Question
22 March, 06:16

Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share?

0.10

0.96

9.60

10.00

+1
Answers (1)
  1. 22 March, 08:48
    0
    Given:

    50,000 shares of stock outstanding

    $480,000 dividend

    This is just a simple division problem, we divide the total amount by the number of shares that earns a dividend.

    $480,000 : 50,000 = $9.60 dividend per share.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Zeller, Inc., has 50,000 shares of stock outstanding. Zeller declares a dividend of $480,000. What is the dividend per share? 0.10 0.96 ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers