Question
You bought 100 shares of Haslett Helicopters, Inc, in January 2016 for $67.26 per share (assume no commissions, so you spent a total of $6726).
You bought 100 shares of Haslett Helicopters, Inc, in January 2016 for $67.26 per share (assume no commissions, so you spent a total of $6726). The company pays dividends annually, and in 2016 it paid a dividend of 62 cents per share; in 2017 the dividend was 74 cents per share; in 2018 it suspended its dividend indefinitely (i.e. no dividend was paid in 2018 or 2019). You sold the stock in January 2019 at $52.78 (again assume no commissions).
What was your total return on the stock over the period of january 2016 through january 2019?
A. -21.5%
B. -2.5%
C. -24.9%
D. -19.5%
E. +0.5%
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