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13 April, 06:13

You purchased a stock for $29.40 a share, received a dividend of $0.72 per share, and sold the stock after one year for $31.30 a share. What was your dividend yield on this investment?

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  1. 13 April, 06:41
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    2.45%

    Explanation:

    dividend yield = annual dividend / Stock Price per share

    $0.72 / $ 29.40 = 0.0245 (2.45%)
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