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

Step 1: Definition of Dividend AmountThe dividend amount is the actual cash payment a shareholder…

Answered: Triad common stock is selling for…

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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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