Winslow, Inc., stock is currently selling for $40 a share. The stock has a dividend yield of 3.8 percent. How much dividend income will you receive per year if you purchase 600 shares of this stock?
| Price of Winslow Inc stock | 40 |
| Dividend yield | 3.8%. |
| Dividend per share | Dividend yield*Price of stock |
| Dividend per share | .038*40 |
| Dividend per share | 1.52 |
| Dividend income per year per share | 1.52 |
| Number of shares of Winslow Inc | 600 |
| Dividend income per year | Dividend income per year per share*Number of shares of Winslow Inc. |
| Dividend income per year | 1.52*600 |
| Dividend income per year | 912 |
| You will receive $912 of dividend income per year. | |
Winslow, Inc., stock is currently selling for $40 a share. The stock has a dividend yield...
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