Question

Find the cost of buying 300 shares of Idno Tech (TX) at the closing price, and the annual dividend that would have been paid for the year on 300 shares of ITX stock. Ignore any broker's fees YTD 52- WEEK STOCK(SYM) DIV YLD PE VOL NET CHG % CHG HILO % 100S CLOSE 11.1 41.76 30.89 Tdno Tech(ITX) 0.77 22 21 4800 35.56 0.46 The cost of buying 300 shares is $ 10668 The annual dividend on 300 shares would be $7.

$231 for the dividend answer is wrong

Answer 1

Yield	=	Divident/Share Price
		Divedent	=	Yield*Share Price
		Yield	=	2.2/100	0.022
		Divident Per share	=	0.022	*35.56=	0.78232
		Hence Annual Divident for 300 shares would be				0.78232	*300	234.696
			Rounded	235