Six months ago,you purchased 100 shares of stock in ABC Co. at a price of $43.26 a share. ABC stock pays a quarterly dividend of $.10 a share. Today,you sold all of your shares for $46.71 per share. What is the total amount of your capital gains on this investment?

Question

Quizplus · Accepted Answer

Capital gains are calculated as the difference between the selling price and the purchase price, multiplied by the number of shares. Here, the capital gain per share is $46.71 - $43.26 = $3.45. For 100 shares, the total capital gain is $3.45 * 100 = $345.

Six Months Ago,you Purchased 100 Shares of Stock in ABC