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4 September, 13:10

Two years ago, Conglomco stock ended at $73.02 per share. Last year, the stock paid a $0.34 per share dividend. Conglomco stock ended last year at $77.24. If you owned 200 shares of Conglomco stock, what were your dollar return and percent return last year?

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  1. 4 September, 14:45
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    Dollar return

    = Closing price - Opening price + Divided

    = $77.24 - $73.02 + $0.34

    = $4.56

    Percent return

    = Dollar return x 100

    Opening price

    = $4.56 x 100

    $73.02

    = 6.24%

    Explanation:

    The dollar return is calculated as closing price minus opening price plus dividend. The percent return is the ratio of dollar return to opening price multiplied by 100.
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