A particular stock has a dividend yield of 1.7 percent. Last year, the stock price fell from

Question:

A particular stock has a yield of 1.7 percent. Last year, the stock price fell from $65 to $59. What was the return for the year?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...