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Q2. The following are the purchases and sales of shares by an investor On 3 rd june , purchased 200 shares of XYZ company at

Q2. The following are the purchases and sales of shares by an investor

On 3rd june , purchased 200 shares of XYZ company at $10 each

On 5th June , sold 100 shares

On 8th june, company makes the dividend declaration announcement and states 23rd june will be the Record date. Dividend payment of $ 1.25 will be paid on 26th june

On 8th June , the investor purchases 300 shares and sold 50 shares

On 22nd june, the investor sold 250 shares

On 24th june , 200 shares and sold 50 shares

On 25th June, purchases 50 shares.

  1. How much dividend income will the investor receive?

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