Asked by
Jason Lawrence
on Dec 09, 2024Verified
You purchased a stock for $47.00 a share one year ago. Today you sold the stock for $50.21 a share and realized an 8.51% total rate of return. What was the dividend yield on this stock for the past year?
A) 1.68%
B) 1.71%
C) 1.88%
D) 2.03%
E) 2.12%
Total Rate of Return
A measure of the total gain or loss on an investment over a specified period, including both capital gains and dividends or interest.
- Compute and elucidate dividend yield.
Verified Answer
GB
Learning Objectives
- Compute and elucidate dividend yield.