Say you own 316 shares of esti transport stock, which offers an annual dividend of $8.16 per share. how much will you receive in quarterly dividends?

$644.64

Step-by-step explanation:

Total shares=316

Annual Dividend on 1 share =$8.16

Annual Dividend on 316 shares=$8.16*316

=$2578.56

As there are four quarters in a year, the total annual dividend will be divided by 4 to get the quarterly dividend.  

Quarterly Dividend for 316 shares=  2578.56/4

=$644.64

hey! so 1 (25) out of 4 (100) is 25 so your answer is 25%. it's like quarters!