Questions: If you own 280 shares of Fencemart stock, how much in dividends did you make last year? Fencemart Stores (FENS) 60.08 ↑ 0.32 (0.54 %) Previous Close 59.76 Day's Range 59.46-60.19 Open 61.11 52 Week Range 54.04-68.70 Bid 60.73 × 4300 Volume 5,296,196 Ask 60.74 × 2900 Avg. Volume (3m) 12,578,300 1 y Target Est 63.63 Market Cap 194.51 B Beta 0.444396 PE Ratio (TTM) 13.01 Next Earnings Date N/A EPS (TTM) 4.67 Dividend Yield 0.59 You earned from your shares of Fencemart stock last year.

If you own 280 shares of Fencemart stock, how much in dividends did you make last year?

Fencemart Stores (FENS)
60.08 ↑ 0.32 (0.54 %)
Previous Close 59.76 Day's Range 59.46-60.19
Open 61.11 52 Week Range 54.04-68.70
Bid 60.73 × 4300 Volume 5,296,196
Ask 60.74 × 2900 Avg. Volume (3m) 12,578,300
1 y Target Est 63.63 Market Cap 194.51 B
Beta 0.444396 PE Ratio (TTM) 13.01
Next Earnings Date N/A EPS (TTM) 4.67
Dividend Yield 0.59

You earned from your shares of Fencemart stock last year.

Transcript text: If you own 280 shares of Fencemart stock, how much in dividends did you make last year? \begin{tabular}{|l|r|l|r|} \hline Fencemart Stores (FENS) & & & \\ \hline 60.08 & $\uparrow 0.32$ & $(0.54 \%)$ & \\ \hline Previous Close & 59.76 & Day's Range & $59.46-60.19$ \\ \hline Open & 61.11 & 52 Week Range & $54.04-68.70$ \\ \hline Bid & $60.73 \times 4300$ & Volume & $5,296,196$ \\ \hline Ask & $60.74 \times 2900$ & Avg. Volume (3m) & $12,578,300$ \\ \hline $1 y$ Target Est & $\mathbf{6 3 . 6 3}$ & Market Cap & 194.51 B \\ \hline Beta & 0.444396 & PE Ratio (TTM) & 13.01 \\ \hline Next Earnings Date & N/A & EPS (TTM) & 4.67 \\ \hline & Dividend \& Yield & 0.59 \\ \hline \end{tabular} You earned $\$ \square$ from your shares of Fencemart stock last year.

Solution

Solution Steps

To determine the total dividends earned from owning 280 shares of Fencemart stock, we need to multiply the number of shares by the dividend per share. The dividend per share is given as 0.59.

Step 1: Identify Given Values

We are given:

Number of shares owned: $ 280 $
Dividend per share: $ 0.59 $

Step 2: Calculate Total Dividends

To find the total dividends earned, we use the formula: \[ \text{Total Dividends} = \text{Shares Owned} \times \text{Dividend per Share} \] Substituting the values: \[ \text{Total Dividends} = 280 \times 0.59 \]

Step 3: Perform the Calculation

Calculating the above expression: \[ \text{Total Dividends} = 165.2 \]