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27 June, 23:12

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.)

+1
Answers (1)
  1. 27 June, 23:30
    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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