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Suppose IGM paid a one-time special dividend of $3.50 on December 21, 2020. Assume that you bought the IGM stock for $29.35 on October 18,
Suppose IGM paid a one-time special dividend of $3.50 on December 21, 2020. |
Assume that you bought the IGM stock for $29.35 on October 18, 2020, and sold it immediately after the dividend was paid for $31.43. |
How much was the Capital Gain yield from holding this stock? |
Enter your answer in the following format: 0.1234 |
Hint: Answer is between 0.0645 and 0.0765 |
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