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Say you own 316 shares of Esti Transport stock, which offers an annual dividend of $8.16 per share. How much will you receive in quarterly dividends? a. $214.88 b. $488.22 c. $644.64 d. $2,578.56

Respuesta :

C $644.64 IS YOUR ANSWER HOPE THIS HELPS.

ajinems

The amount that would be received quarterly is =$644.64

Calculation of quarterly amount

The total amount of shares owned = 316 shares

The amount per share = $8.16

Therefore annual you would receive,

316×8.16 = $2,578.56

Therefore, quarterly,

= 1/4× 2578.56

= $644.64

Therefore, The amount that would be received quarterly is =$644.64

Learn more about quarters here:

https://brainly.com/question/334801

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