Question: Using the data in the table below, calculate the return for investing in the Enbridge Inc. stock for the year 2021, assuming all dividends are

Using the data in the table below, calculate the return for investing in the Enbridge Inc. stock for the year 2021, assuming all dividends are reinvested in the stock immediately. Historical Stock and Dividend Data for Enbridge Inc. Date Price ($) Dividend ($) 31/12/2020 51.50 15/06/2021 41.00 0.20 17/12/2021 50.95 0.30 31/12/2021 61.14 Required Calculate the return realized in year 2021 for investing in the Enbridge Inc. stock. (7 points)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
