# On may 20, 2010, tony blackman bought 100 shares of stock from xyz corporation. the quarterly dividend is \$1.25 per share and the record date is may 25. how much will tony receive for this quarterly dividend?

Answer: Tony is able to purchase the shares even before the dividend are distributed to the shareholders. Hence, he will be part of the payment to be made by the XYZ corporation.

To determine the amount that Tony will receive as dividend for taking part in the company's generation of capital, we multiply the number of shares he has by the amount that he is to get per share. That is,
dividend = (number of shares)(amount per share)

Substituting,
dividend = (100 shares)(\$1.25/share)
dividend = \$125

## Related Questions

While there is systematic risk within a nation, it may be ______ and diversifiableoutside the country after constructing a global portfolio?

While there is systematic risk within a nation, outside the country it may be nonsystematic and diversifiable.

Five reasons why people travel

1. People travel to learn new things

2. People travel to escape their difficulties (could be work or school)

3. People travel to discover

4. People travel to make new friends/meet new people

5. People travel to experience and make long lasting memories

Hope this helps you! :)

Explanation:

1) We travel to learn. Whether it's learning a new language or learning about an area's history, travel allows us to learn so many different things. ...

2) We travel to escape. Travel provides a momentary break from the humdrum of our daily lives. ...

3) We travel to discover. ...

4) We travel to make new friends. ...

5) We travel to experience.

The following accounts and balances were drawn from the records of Carolina Company on December 31, Year 1: Cash \$ 2,800 Accounts receivable \$ 1,300 Dividends \$ 1,400 Common stock \$ 1,875 Land \$ 1,700 Revenue \$ 1,700 Accounts payable \$ 900 Expense \$ 1,000 Total assets on Carolina's December 31, Year 1 balance sheet would amount to_________________

\$5,800

Explanation:

total assets include current assets: cash, accounts receivables, merchandise, etc., and non-current assets: land, equipment, machinery, etc.

Carolina Company's total assets:

• cash \$2,800
• accounts receivable \$1,300
• land \$1,700

total assets = \$5,800

In San Francisco, the typical pay in the installation, maintenance, and repair occupation exceeded the national average by 44 percent. In Johnstown, Pennsylvania, the rate was 9 percent less than the national average. What do these statistics represent?