Exhibit 19-1.Joanna Robertson bought a share of XYZ Corp.at $200 last year.She was paid a dividend of $30 during the same year.However,the same share is trading at $280 this year. Refer to Exhibit 19-1.Calculate Joanna's income percent yield from holding the share for a year.
A)15%
B)40%
C)55%
D)30%

Question

Quizplus · Accepted Answer

The income percent yield is calculated as (Dividend / Initial Price) * 100. So, ($30 / $200) * 100 = 15%.