As an avid early-stage investor, you purchased 2,000 shares of stocks of a clean-energy tech...
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Accounting
As an avid early-stage investor, you purchased 2,000 shares of stocks of a clean-energy tech startup, BlueShade, Inc., at the price of $50 per share. The company has 65,000 shares outstanding.
The company has a PE ratio of 10 and dividend payout ratio of 4%. Assuming that the company will maintain the same financial ratios throughout the year, how much dividend (in $s) do you expect to receive this year?
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