13
QuizMultiple Choice

Investing in Stocks

Question 13 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Brett owns 236 shares of Animite Energy Co., each of which offers a yearly dividend of $3.59. How much money does Brett receive from dividends every year?

Answer
A
$1,038.85
B
$1,529.59
C
$657.58
D
$847.24

Explanation

Multiply the number of shares by the yearly dividend per share: 236 × $3.59 = $847.24. Brett receives $847.24 in dividends each year, which is choice D.

AI-written and checked against the verified answer.

Previous
Next