College

Thank you for visiting MedTech Corp stock was 55 25 per share at the end of last year Since then it paid a 0 45 per share dividend The. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!

MedTech Corp. stock was $55.25 per share at the end of last year. Since then, it paid a $0.45 per share dividend. The stock price is currently $62.50. If you owned 500 shares of MedTech, what was your percent return?

Answer :

Answer:

Percentage Return = 0.13936651584 or 13.936651584% rounded off to 13.94%

Explanation:

To calculate the return percentage, we need to take the total return provided by the share in form of both dividends and capital gains. The total yield or return for the holding period can be calculated as follows,

Percentage Return = [Dividend + P1 - P0] / P0

Where,

  • P1 is price today
  • P0 is the purchase price

Percentage Return = [0.45 + 62.50 - 55.25] / 55.25

Percentage Return = 0.13936651584 or 13.936651584% rounded off to 13.94%

Thank you for reading the article MedTech Corp stock was 55 25 per share at the end of last year Since then it paid a 0 45 per share dividend The. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!

Rewritten by : Jeany