Question
You are reviewing the dividend income and capital gains of shares you bought from two different companies: (4 Marks Total) 1) You own 400 shares
- You are reviewing the dividend income and capital gains of shares you bought from two different companies: (4 Marks Total)
1) You own 400 shares of Western Feed Mills stock valued at $51.20 per share. What is the dividend yield if your annual dividend income is $352?(2)
2) Last year, you purchased 500 shares of Analog Devices, Inc. stock for $11.16 a share. You have received a total of $120 in dividends and $7,190 from selling the shares. What is your capital gains yield on this stock?(2)
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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
