You purchased 300 shares of stock at a price of $35.86 per share. Over the last year, you have received total dividend income of $336. What is the dividend yield?

Question

Quizplus · Accepted Answer

The dividend yield is calculated by dividing the total dividend income by the total investment and then multiplying by 100 to get a percentage. Total investment = 300 shares * $35.86/share = $10,758. Dividend yield = ($336 / $10,758) * 100 = 3.1%.

You Purchased 300 Shares of Stock at a Price of $35.86