question archive Six months ago, you purchased one share of VOO at a price of $365

Six months ago, you purchased one share of VOO at a price of $365

Subject:AccountingPrice:2.86 Bought3

Six months ago, you purchased one share of VOO at a price of $365.7 per share. The stock pays quarterly
dividends of $15 per share. Today, the stock is selling for $498.1 per share. What is your dividend income on
this investment? 0 $36 0 $48 0 $24 0 $72 0 $30

 

 

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Your Dividend Income on this investment is :

  • $30

Step-by-step explanation

Dividend Income = Quarterly Dividend * Number of Quarters

Dividend Income = 15 * 2 ( as there are two quarters in six months)

Dividend Income = 30

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