Stock in the company which had higher dividend yield

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Reference no: EM131321027

1) Katy owns100 shares of Landshark Incorporated stock. Landshark declared $3500 in dividends this year, and Katy received $1000 of this money. How many total shares of Landshark Inc. are there?

2) Zovaxacquin Pharmaceuticals pays a quarterly dividend of 79 cents per share. Axerixia Corp. pays 87 cents per share quarterly. The stock of Zovaxacquin sells for $41.16 per share, while Axerixia sells for $40.83.

If you purchased $2320 worth of stock in the company which had a higher dividend yield, what was your dividend for the year?

Round your answer to the nearest dollar.

Reference no: EM131321027

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