Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending share price of $64. What was the dividend yield and the capital gains yield? (Round your answers to 2 decimal places. (e.g., 32.16))

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 2MAD
icon
Related questions
Question

Answer?? Financial accounting questions

Suppose a stock had an initial price of $54 per share, paid
a dividend of $1.30 per share during the year, and had an
ending share price of $64. What was the dividend yield
and the capital gains yield? (Round your answers to 2
decimal places. (e.g., 32.16))
Transcribed Image Text:Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending share price of $64. What was the dividend yield and the capital gains yield? (Round your answers to 2 decimal places. (e.g., 32.16))
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub