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You purchased 500 shares of Verizon stock on November 2, 2020, at $57.70 a share. The dividend yield at the time you purchased the stock
You purchased 500 shares of Verizon stock on November 2, 2020, at $57.70 a share. The dividend yield at the time you purchased the stock was 4.90% (assume the dividend remained the same for the year). You received the full dividend for the year. You sold it today at $53.36. What is your total dollar profit/loss and percent return (break it down into return on dividend, return on a stock, and total)?
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