medium · GMAT Quant

A financial institution increases the quarterly dividend for a stock from 1.20 per share by 25 percent.

What is the dollar amount of this increase per share?

A financial institution increases the quarterly dividend for a stock from 1.20 per share by 25 percent. What is the dollar amount of this increase per share?

  1. 0.30
  2. 1.50
  3. 0.25
  4. 0.375
  5. 3.00

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