You just sold 450 shares of Zeus, Inc. stock at a price of $51.90 a share. Last year, you paid $36.20 a share when you bought them. Over the course of the year, you received dividends totaling $2.10 per share. What is your capital gain on this investment?

Question

Quizplus · Accepted Answer

The capital gain is calculated as the difference between the selling price and the purchase price, multiplied by the number of shares. So, ($51.90 - $36.20) * 450 = $7,065. Dividends are not included in the capital gain calculation.

You Just Sold 450 Shares of Zeus, Inc