in february 2022 apple inc. paid a $0.23 quarterly dividend. if you had 200 shares of apple stock, how much…

in february 2022 apple inc. paid a $0.23 quarterly dividend. if you had 200 shares of apple stock, how much would you receive during that quarter? $138 $23 $46 $200

in february 2022 apple inc. paid a $0.23 quarterly dividend. if you had 200 shares of apple stock, how much would you receive during that quarter? $138 $23 $46 $200

Answer

Explanation:

Step1: Recall dividend - calculation formula

Total dividend = Dividend per share×Number of shares

Step2: Substitute given values

Dividend per share = $0.23, Number of shares = 200. So, total dividend = 0.23×200 = 46

Answer:

$46