In: Finance
Suppose a stock had an initial price of $68 per share, paid a dividend of $1.45 per share during the year, and had an ending share price of $77. Compute the percentage total return. |
Total Return = (Ending Share Price - Initial Price + Dividend ) / Initial Price | ||
Total Return = | ||
Ending Price = | $ 77.00 | |
Less: | "-" | |
Initial Price | $ 68.00 | |
Add: | "+" | |
Dividend | $ 1.45 | |
Total | $ 10.45 | |
Divide By | "/" By | |
Initial Price | $ 68 | |
Total Return = | 0.1537 | |
Total Return in % = | 15.37% | |
Answer = Percentage total return = 15.37% | ||