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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