A year ago, you purchased 200 shares of Holland Enterprises, Inc. stock at a price of $15.54 per share. The stock pays an annual dividend of $.20 per share. Today, you sold all of your shares for $17.70 per share. What is your total dollar return on this investment?

Question

Quizplus · Accepted Answer

The total dollar return includes both the capital gain and the dividend income. The capital gain is (17.70 - 15.54) * 200 = $432. The dividend income is 0.20 * 200 = $40. The total dollar return is $432 + $40 = $472.

A Year Ago, You Purchased 200 Shares of Holland Enterprises