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18 September, 19:55

You purchased 270 shares of a particular stock at the beginning of the year at a price of $75.33. The stock paid a dividend of $.95 per share, and the stock price at the end of the year was $81.84. What was your dollar return on this investment

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  1. 18 September, 20:20
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    dollar return on investment : 2014.2

    Explanation:

    purchase 270 shares at $75.33

    dividends 0.95 per share

    price at year-end $81.84

    gin on investment: dividends + stock market price increase/decrease

    81.84 - 75.33 = 6.51 increase

    dividends per share 0.95

    gain per share 7.46

    gain per share x number of shares = gain on investement (dollars)

    7.46 x 270 = 2014.2
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