Question
Over the last quarter, Verizon Communications, Inc. (ticker symbol VZ) common stock paid the dividends and had (unadjusted) closing prices given below. Assume these dates
Over the last quarter, Verizon Communications, Inc. (ticker symbol VZ) common stock paid the dividends and had (unadjusted) closing prices given below. Assume these dates are spaced exactly one quarter apart do not convert to days!
Date Dividend. Price . 1/9/2023 $0.653 $41.37 10/6/2022 $0.653 $37.25
Suppose that on 10/6/2022, after the dividend had been paid to the previous owner, you bought the stock at the closing price that day. You held the stock for one quarter (until 1/9/2023), received the dividend, and then sold it at the closing price. Calculate the one- quarter dividend yield, capital gains yield, and total return for the quarter that you held the Verizon stock.
Dividend: Cap Gains:
Total:
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