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Author Question: Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of $1.37 ... (Read 77 times)

gboileau

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Josh purchased 100 shares of XOM at the beginning of 2016.  He received dividends per share of $1.37 (2016), $1.55 (2017), $1.66 (2018), $1.74 (2019), $1.85 (2020).  At the end of 2020, just after receiving the last dividend, he sold the stock for $84.76.  At what rate did the dividends grow from the end of 2016 to the end of 2020?  Assume that all dividends were received at the end of the year.
◦ 7.8%
◦ 6.2%
◦ 13.1%
◦ 35%


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Marked as best answer by gboileau on Mar 29, 2022

RodrickHac

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gboileau

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Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review


Zebsrer

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Reply 3 on: Yesterday
Wow, this really help

 

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