Anna bought 100 shares of Red Rocks Corp.'s stock at $50 per share on February 1, 2020 and sold them for $70 on February 5, 2021.

Red Rocks Corp. has not paid any dividends until 2021. The first dividend was announced on 12/7/2020.

The dividend payment schedule is listed in the table below:

 

Anna's ordinary income tax rate is 28%. The capital gain and dividend are taxed at the same rate of 15%.

Q) How much total return in dollar amount would Anna receive from the transaction?

Dividend Period FY2021 Q1 Dividend per share (S) 0.5 Announcement Date December 7, 2020 Record Date February 8, 2021 Payable Date March 11, 2021