Respuesta :
The number of shares purchased = 30 shares
Annual dividend per share = $ 0.42
Total annual dividends = Number of shares purchased × Annual dividend per share
Total annual dividends = 30 shares × $ 0.42 = $ 12.60
Thus, the total annual dividends = $ 12.60
Answer: $12.60
Explanation: Michelle smith has bought 30 shares of James company stock at $34 per share.
Number of shares = 30 Shares
Annual dividend paid per share = $0.42 per share.
Total Annual dividend = 30 × $0.42
Total Annual Dividend = $12.60
Therefore the company pays $12.60 as the total annual dividend to Michelle Smith who has 30 shares of the company.
