kyshae27
Apr 29, 2012, 01:03 AM
suppose a stock had an initial price of $83 per share, paid a dividend of $1.40 per share during the year, and had an ending share price of $91. What's the percentage return on the stock?
Return =[ Dividend + (end price - Initial Price)]/initial price or P1-Po+PD/Po
Return= [1.40+(91.00-83.00)]/83.00
Return= [1.40+8.00]/83.00
Return= 9.40/83.00
Return= 0.11325
Return= 11.33%
am I on the right track?
Return =[ Dividend + (end price - Initial Price)]/initial price or P1-Po+PD/Po
Return= [1.40+(91.00-83.00)]/83.00
Return= [1.40+8.00]/83.00
Return= 9.40/83.00
Return= 0.11325
Return= 11.33%
am I on the right track?