Patsy Banz is the owner of 220 shares. The business distributed a $0.47 per share dividend for the previous calendar quarter.
220 x 0.47 = $103.40 is the entire amount she received in her dividend check for this quarter.
Which dividend is this?
- A corporation's payout of profits to its shareholders is known as a dividend. A corporation may distribute a portion of a profit or excess as a dividend to its shareholders.
- Any remaining funds are withdrawn and reinvested back into the company. A dividend is money distributed from profits to shareholders. They often receive quarterly pay.
- For instance, AT&T has been making such distributions for a number of years, with the price per share for its 2021 third-quarter issuance set at $2.08.
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