You bought a stock one year ago for $48.76 per share and sold it today for $57.75 per share. It paid a $1.89 per share dividend today. How much of the return came from dividend yield and how much came from capital gain?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter11: Determining The Cost Of Capital
Section: Chapter Questions
Problem 5MC
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Can you answer this accounting question?

You bought a stock one year ago for $48.76 per share
and sold it today for $57.75 per share. It paid a $1.89
per share dividend today. How much of the return
came from dividend yield and how much came from
capital gain?
Transcribed Image Text:You bought a stock one year ago for $48.76 per share and sold it today for $57.75 per share. It paid a $1.89 per share dividend today. How much of the return came from dividend yield and how much came from capital gain?
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