If you own 18,000 shares of stock of Nike and it pays a dividend of $0.27 per share, then what is the total dividend you will receive?
The total amount of dividend received
The total amount of dividend received = Number of shares x Dividends per share
= 18,000 Shares x $0.27 per share
= $4,860
“Hence, the total amount of dividend received will be $4,860”
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