Oaktree Transportation Corporation has 75,000 shares of stock outstanding.

What would the dividend per share of stock be from a dividend declaration of $102,750?

How many shares of stock does Jody Nichols hold if her share of the dividend is $20.55?

To calculate the dividend per share of stock, you need to divide the total dividend declaration by the number of shares outstanding. In this case, Oaktree Transportation Corporation has 75,000 shares of stock.

Dividend per share = Total dividend declaration / Number of shares outstanding

Dividend per share = $102,750 / 75,000 shares

Dividend per share = $1.37

Therefore, the dividend per share of stock would be $1.37.

To calculate the number of shares Jody Nichols holds based on her share of the dividend, you need to divide her dividend amount by the dividend per share.

Number of shares = Dividend amount / Dividend per share

Number of shares = $20.55 / $1.37

Number of shares = 15

Therefore, Jody Nichols holds 15 shares of stock.

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