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Six months ago, you purchased 2,300 shares of ABC stock for $28.08 a share. You have received dividend payments equal to $.80 a share. Today, you sold all of your shares for $30.07 a share. What is your total dollar return on this investment?

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  1. Today, 04:16
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    Dollar Return $2.79

    $6417 as per investment in shares

    Explanation:

    The return from an investment is the difference between value of stock when is was purchased to when it is sold plus any income received during the period

    Dollar return will be divided into two

    Capital gain which is the difference between purchasing price and selling price

    Capital Gain = 30.07-28.08 = 1.99

    Income which is any income distributions made

    Income = dividend Income = $0.80

    Return = 1.99+0.8=$2.79

    As per investment = 2300*2.79 = $6417
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Home » Business » Six months ago, you purchased 2,300 shares of ABC stock for $28.08 a share. You have received dividend payments equal to $.80 a share. Today, you sold all of your shares for $30.07 a share. What is your total dollar return on this investment?
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