Triad common stock is selling for $27.80 a share and has a dividend yield of 2.8 percent. What is the dividend amount? A. $0.31 B. $0.78 C. $3.49 D. $4.25 E. $7.80

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter10: Stockholder's Equity
Section: Chapter Questions
Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...
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What is the dividend amount of this financial accounting question?

Triad common stock is selling for $27.80 a share and
has a dividend yield of 2.8 percent. What is the
dividend amount?
A. $0.31
B. $0.78
C. $3.49
D. $4.25
E. $7.80
Transcribed Image Text:Triad common stock is selling for $27.80 a share and has a dividend yield of 2.8 percent. What is the dividend amount? A. $0.31 B. $0.78 C. $3.49 D. $4.25 E. $7.80
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