One year ago, you purchased 400 shares of sl industries stock at a price of $26.15a share. the stock pays an annual dividend of $1.34 per share. today, you sold all of your shares for $28.20 per share. what is your total dollar return on this investment?

Respuesta :

The total return from the stock investment is:

Total return in $ = $28.20 * 400 + $1.34 * 400 - $26.15 * 400

Total return in $ = $1,356.00

 

Or in percentage, this is equivalent to:

%return = 1356/(26.15*400) *100%

%return = 12.96% (A gain of ~13% from your stock investment)