if the annual dividend on preferred stock is 50400 what is the dividend rate on preferred stock quizklet

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01-12-2022
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if the annual dividend on preferred stock is 50400 what is the dividend rate on preferred stock quizklet

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akursharma9034 akursharma9034 · Answer 1 · 2022-12-06T02:38:19-05:00

Dividend shares=[tex]$100800[/tex]

Dividend shares =dividend rate*preferred stock

if dividend rate=2%

Dividend shares=2%*50400=$100800

Stocks of companies that regularly distribute to their owners, typically in the form of cash payments, are known as dividend stocks. The finest dividend stocks can be fantastic strategies to build long-term wealth in addition to being valuable sources of income. The Distribution of Dividends. A dividend is when a class of shareholders receives a portion of a company's earnings. Typically, dividends are paid in the form of dividend checks. They might, though, also receive payment in more equity shares.

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