Tencent Holdings Limited is a Chinese multinational conglomerate holding company. If its share price rises from HK$318

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Tencent Holdings Limited is a Chinese multinational conglomerate holding company. If its share price rises from HK$318 to HK$324 within one year, what is the rate of return to a shareholder given each of the following:

a. The company paid no dividends.

b. The company paid a dividend of HK$2.50 per share.

c. The company paid the dividend, and the total return to the shareholder is separated into the dividend yield and the capital gain.

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Multinational Business Finance

ISBN: 9781292445960

16th Global Edition

Authors: David Eiteman, Arthur Stonehill, Michael Moffett

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