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25 July, 10:56

Your portfolio is 100 shares of Sunny Morning, Inc. The stock currently sells for $98.64 per share. The company has announced a dividend of $3.72 per share with an ex-dividend date of April 19. Assuming no taxes and no news or other surprises, how much do you expect your shares to be worth in total on April 19? {Do not include the dollar sign ($).)

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  1. 25 July, 11:12
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    worth of shares = 100 * (98.64+3.72)

    =10236
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