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I need help calculating the capital gains yield for the below problem. Suppose a stock had an initial price of $54 per share, paid a
I need help calculating the capital gains yield for the below problem.
Suppose a stock had an initial price of $54 per share, paid a dividend of $1.30 per share during the year, and had an ending share price of $51. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total return -3.15% What was the dividend yield and the capital gains yield? (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield 2.41 % Capital gains yield %Step by Step Solution
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