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During the year, Success Ltd shares have increased from $8 to $9 and shareholders received a final dividend of 50 cents per share, fully franked
During the year, Success Ltd shares have increased from $8 to $9 and shareholders received a final dividend of 50 cents per share, fully franked at the company tax rate of 30 per cent. Calculate first the conventional rate of return and second, the dividend yield (using the beginning of the year share price) on Success shares. |
A. 18.75% and 6.25% B. 15.18% and 5.5% C. 18.75% and 5.5% D. 15.18% and 6.25%
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