You bought a stock last year for $92, it paid dividend of $2. The current price is

Question:

You bought a stock last year for $92, it paid dividend of $2. The current price is $98, what is your rate of return?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...