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You purchased 200 shares of ABC Company stock on Wednesday, July 19th. On Friday, July 21st, you purchased another 100 shares of ABC. On Monday,

You purchased 200 shares of ABC Company stock on Wednesday, July 19th. On Friday, July 21st, you purchased another 100 shares of ABC. On Monday, July 24th you purchased your final 200 shares of ABC stock. On July 5th, ABC Company declared a dividend of $0.55 per share. The record date is July 24th and the payment date is July 31st. How much dividend income will you receive on July 31st from ABC?

Round your answer to the nearest two decimal places.

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