Question
Some stock-return data has been gathered below for Shank & Co. Time Price Dividend 0 35.75 - 1 38.46 ??? 2 44.61 1.7 3 43.66
Some stock-return data has been gathered below for Shank & Co.
Time Price Dividend 0 35.75 - 1 38.46 ??? 2 44.61 1.7 3 43.66 1.85
The price at time period 2 is the price of a share of a Shank & Co. at the end of the second year, while the price at the beginning of the second year is $38.46. The dividend at time period 2 is the dividend Shank paid at the end of the second year. Shank also paid a dividend at the end of the first year, but it is not given in the table. The dividend yield over the first year was 3.6%. What dividend did Shank pay at the end of the first year?
$1.57 $1.36 $1.43 $1.32 $1.29
What was the total percentage return on Shank's stock during the second year?
21.8% 20.41% 19.79% 19.91% 19.66%
What was the capital gains yield on Shank's during the third year?
-2.13% -1.68% -2.4% -2.22% -2.31%
What was the total percentage return on Shank's stock during the third year?
1.89% 1.71% 2.02% 2.51% 2.11%
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