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Q4. Winemakers Ltd paid a dividend of $6.50 on the 31st December, 2018. Suppose you bought Winemakers Ltd stock for $47.39 on 1st July 2018
Q4. Winemakers Ltd paid a dividend of $6.50 on the 31st December, 2018. Suppose you bought Winemakers Ltd stock for $47.39 on 1st July 2018 and sold it for $32.90 immediately after the dividend was paid which is on 31st December, 2018. What was: i) the dividend yield; (1 Mark) ii) the capital gain yield; (1 Mark) iii) your total realized return from holding the stock? (2 Marks)
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