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The following are the purchases and sales of shares by an investor On 10th January , purchased 150 shares of XYZ company stock for $11
The following are the purchases and sales of shares by an investor
On 10th January , purchased 150 shares of XYZ company stock for $11 a share.
On 31th Jan, company makes the dividend declaration announcement and states 12th feb will be the Record date. Dividend payment of $1.5 will be paid on 25th February.
On 2nd feb, the investor purchases 150 shares and sold 100 shares
On 6th feb , purchased 200 new shares and sold 25 shares
On 8th feb , purchased 350 new shares and sold 150 shares.
On 10th feb , purchased 150 new shares and sold 50 shares.
On 12th feb , purchased 125 new shares and sold 30 shares.
On 16th feb , purchased 125 new shares and sold 30 shares.
How much will be the dividend income received by the investor?
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