30
QuizMultiple Choice

Investing in Stocks

Question 30 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Say you own 5,715 shares of Sanden Research Labs, each of which pays a yearly dividend of $14.66. How much do you receive in dividends every year?

Answer
A
$83,781.90
B
$81,729.50
C
$75,865.50
D
$93,954.60

Explanation

Multiply the number of shares by the yearly dividend per share: 5,715 × $14.66 = $83,781.90. So you receive $83,781.90 in dividends each year, which is choice A.

AI-written and checked against the verified answer.

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