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21 July, 01:31

Patrick bought 30 shares of stock at $16.49 per share. He received dividends of $0.75 per share for 1 year. His ROI was

%. (Round percentages to one decimal place.)

+4
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  1. 21 July, 05:23
    0
    ROI (return on investment) is a ratio the measures the amount of return for your investment. The calculation is (net return) / (net investment). In this case net return is the dividends and the cost is the price of the stock. So ... (.75) / (16.49) = 4.5% return on investment.
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Home » Business » Patrick bought 30 shares of stock at $16.49 per share. He received dividends of $0.75 per share for 1 year. His ROI was %. (Round percentages to one decimal place.)
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