Received two quarterly dividend payments

Assignment Help Financial Management
Reference no: EM131023190

During the four quarters for 2015, the Haydens received two quarterly dividend payments per share of $0.15 each, one quarterly payment of $0.26, and one quarterly payment of $0.21. If they owned 200 shares of stock, what was their total dividend income for 2015?

Reference no: EM131023190

Questions Cloud

What rate should firm use to discount projects cash flows : Titan Mining Corporation has 9.6 million shares of common stock outstanding and 400,000 6 percent semiannual bonds outstanding, par value $1,000 each. The common stock currently sells for $44 per share and has a beta of 1.3, and the bonds have 20 yea..
Is this change likely to have much effect on the economy : Economist François Velde of the Federal Reserve Bank of Chicago has proposed making the current penny worth 5 cents. If the U.S. Treasury adopted Velde's proposal, what would be the effect on the value of M1? Is this change likely to have much eff..
Calculate the price-earnings ratio : Daniel Brown owns stock in Eastman Computers. Based on information in its annual report, Eastman Computers has reported after-tax earnings of $22,000,000 and has issued 10,000,000 shares of common stock. The stock is currently selling for $48.40 a sh..
How businesses and consumers prefer to carry out transaction : The Chinese government has refused to print currency in denominations higher than the 100-renminbi note, which is the equivalent of about $16. The United States prints $100 bills and all other countries print currency in denominations that are at ..
Received two quarterly dividend payments : During the four quarters for 2015, the Haydens received two quarterly dividend payments per share of $0.15 each, one quarterly payment of $0.26, and one quarterly payment of $0.21. If they owned 200 shares of stock, what was their total dividend inco..
What is the book value for a share of southern energy stock : Southern Energy Exploration reports that the corporation’s assets are valued at $480,000,000, its liabilities are 100,000,000, and it has issued 60,000,000 shares of stock. What is the book value for a share of Southern Energy stock?
Cost structure-what is the breakeven point in units : White machine shop fabricates polished steel casings. They currently sell 20,000 casings at a selling price of $45. They have the following cost structure: Variable costs per unit $30 Fixed costs $150,000 Required (each requirement is independent): W..
Write a one page reaction paper about the given video : Write a 1 page reaction paper about the following video. The Century Of The Self (2002): Happiness Machines (Ep. 1of4)_agk - https://vimeo.com/143890324
Profitability of new investment in plant and equipment : Suppose that the economy is currently in a recession but economic forecasts indicate that the economy will soon enter an expansion. What is the likely effect of the expansion on the expected profitability of new investment in plant and equipment?

Reviews

Write a Review

Financial Management Questions & Answers

  Considering purchasing security system costing

PHP inc. is considering purchasing a security system costing $642,000. The equipment will be depreciated as 5-year property under MACRS, which provides for depreciation allowance percentages of 20%, 32%, 19.20%, 11.52%, 11.52%, and 5.76% respectively..

  Calculate selected ratios and obtain industry averages

Calculate selected ratios and obtain industry averages for comparison and select a company and copy/paste its financial statements

  What is the amount of your monthly repayments

Suppose you enter into a loan agreement to borrow $100,000 to help finance the purchase of a new home. The loan contract specifies a term of 30 years with monthly payments determined at a fixed rate of 6% APR (compounding monthly). What is the amount..

  How much long-term debt does the firm have

Gibson Associates prepared its financial statement for 2008 based on the information given here. The company had cash worth $1,234, inventory worth $13,480, and accounts receivables worth $7,789. The company's net fixed assets are $42,331, and other ..

  Example of a flexibility option

Which one of the following is an example of a "flexibility" option?

  Section of the course in the context of the size of a firm

Most of the examples in the text are medium or large companies. Think about the concepts of risk which are part of this section of the course in the context of the size of a firm. Would these change if the firm were large? Small ?  Medium-sized? Any ..

  Firm is equivalent to owning a call option on firms assets

Explain the rationale behind the idea that equity is a call option on a firm's assets. In other words, explain why equity ownership of a firm is equivalent to owning a call option on the firm’s assets. Next, explain what it would mean for shareholder..

  All transaction-related costs

Grant purchased one call on XYZ stock at an exercise price of $25. The market price of XYZ stock when Grant purchased the call was $24 a share. XYZ is currently priced at $30 a share. Grant paid $120 to buy the call. How much profit will Grant make i..

  What alternative leasing or owning should be chosen

Compute the net advantage to leasing. In general, what effect would the use of accelerated depreciation, such as MACRS, have on the answer to part a? What alternative, leasing or owning, should be chosen?

  What is the alpha of each stock

What is the alpha of each stock and compare each stock's risk-return point graphically and identify each alpha clearly.

  Stock issuance costs and direct combination costs treated

How are stock issuance costs and direct combination costs treated in a business combination which is accounted for as an acquisition when the subsidiary will retain its incorporation?

  Securitization combined with borrowing-irrational exuberance

Assume that securitization combined with borrowing and irrational exuberance in Hyperville have driven up the value of existing financial securities at a geometric rate, specifically from $6 to $12 to $24 to $48 to $96 to $192 over a six-year time pe..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd