Assume you own shares in Honeywell, Inc and that the company currently earns $3 69 per share and pays annual dividend payments that total $1 64 a share each year Calculate the dividend payout for Honeywell ...

Assume you own shares in Honeywell, Inc. and that the company currently earns $3.69 per share and

Question:

Assume you own shares in Honeywell, Inc. and that the company currently earns $3.69 per share and pays annual payments that total $1.64 a share each year. Calculate the payout for Honeywell.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...