Ask Question
15 March, 20:03

One year ago, you purchased a stock at a price of $38.22 a share. Today, you sold the stock and realized a total loss of 11.09 percent on your investment. Your capital gain was - $4.68 a share. What was your dividend yield?

+5
Answers (1)
  1. 15 March, 23:38
    0
    1.15%

    Explanation:

    The formula to compute the dividend yield is shown below:

    Dividend yield = (Annual yield) : (market price) * 100

    where,

    Market price = $38.22

    And, the annual yield is

    = Capital gain - market price * loss percentage

    = $4.68 - $38.22 * 11.09%

    = $4.68 - $4.24

    = $0.44

    So, the dividend yield is

    = ($0.44 : $38.22) * 100

    = 1.15%
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “One year ago, you purchased a stock at a price of $38.22 a share. Today, you sold the stock and realized a total loss of 11.09 percent on ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers