You purchased 250 shares of a particular stock at the beginning of the year at a price

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You purchased 250 shares of a particular stock at the beginning of the year at a price of $104.32. The stock paid a dividend of $2.34 per share, and the stock price at the end of the year was $113.65. What was your dollar return on this investment?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...
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Related Book For  answer-question

Essentials of Corporate Finance

ISBN: 978-1260013955

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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