Amount of stately dividend per share
Problem:
Stately Building Company's shares are selling for $75 each, and its dividend yield is 2.0%.
Required:
Question: What is the amount of Stately's dividend per share?
Note: Provide support for your rationale.
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If the company has 40 million shares outstanding and pays dividends quarterly, what is the company's dollar dividend payment per share each quarter? Note: Please provide reasons to support your answer.
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What is the amount of Stately's dividend per share? Note: Provide support for your rationale.
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