Xyx motors pays nick $1,567.46 in dividends every year. if the dividend on one share of xyx motors is $4.33, how many shares does nick own?

For this case we must use the following equation:
 N = (Total dividends) / (one dividends)
 Substituting values we have:
 N = (1567.46) / (4.33)
 The result will be:
 N = 362 shares
 
 Nick does own about:
 N = 362 shares

The answer would be 24mm