Business, 19.06.2020 22:57 Knownothing

Barry Modin bought 640 of Gingridge LLC at a price of $41.75 about 5 years ago that sell for $68.40 per share today. Barry pays capital gains tax at the rate of 17%, and pays tax on dividends at the rate of 27%. Suppose the Gingridge pays a dividend per share of $3.50. How much of the total dividend paid by the company to Barry will he get to keep

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Barry Modin bought 640 of Gingridge LLC at a price of $41.75 about 5 years ago that sell for $68.40...