Calculating Returns: Suppose a stock had an initial price of $76 per share, paid a dividend of $1.95 per share during the year, and had an ending share price of $68. Compute the percentage total return. What was the dividend yield? The capital gains yield?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter8: Basic Stock Valuation
Section: Chapter Questions
Problem 16MC
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Calculating Returns: Suppose a stock had an initial price
of $76 per share, paid a dividend of $1.95 per share during
the year, and had an ending share price of $68. Compute the
percentage total return. What was the dividend
yield? The capital gains yield?

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