In: Finance
Heineken's (HEINY) current stock price is $69.1 and it paid a dividend of $3 during the last year. If you paid $48.7 for the stock a year ago and sell it at the current stock price, what is the total return of this stock?
Total return=(End value-Beginning value+Dividend)/Beginning value
=(69.1-48.7+3)/48.7
which is equal to
=48.05%(Approx)