If a stock investment of 160 shares paid a dividend of $584, at this rate, what dividend would be paid on 270 shares of stock?
To get the answer, first you divide the $584 by the 160 shares, giving you a dividend of $3.65 a share. Multiply that by 270 shares and you will get a dividend of $985.50. ChaCha on!
Answered
by Maria J.
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About Stock
A stock is a share in the ownership of a company. Stock represents a claim on the company's assets and earnings. If you continue to buy more stock in a company, your ownership stake in the company becomes greater. Some other names for stock are shares and equity. When you buy stock in a company, you become one of the company’s owners and you are called a shareholder of that company.
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