Med Tech Corp. stock was $50.95 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 Med Tech, what was your percent return?

Question

19-04-2025
Business

High School

Thank you for visiting Med Tech Corp stock was 50 95 per share at the end of last year Since then it paid a 0 45 per share dividend. 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!

Med Tech Corp. stock was $50.95 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 Med Tech, what was your percent return?

Answer :

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sunnyhire2929 sunnyhire2929 · Answer 1 · 2024-08-18T19:18:25-04:00

Final answer:

The percent return on an investment in Med Tech Corp. stock, which includes capital gains and dividends for 500 shares, is approximately 23.53%.

Explanation:

To calculate the percent return on investment in Med Tech Corp. stock, we need to consider both the capital gains from the increase in stock price and the income from dividends.

The initial price of the stock was $50.95 per share and it increased to $62.50 per share, resulting in a capital gain of $62.50 - $50.95 = $11.55 per share. In addition, a dividend of $0.45 per share was paid. So the total return per share is the sum of the capital gain and dividend, which is $11.55 + $0.45 = $12.00 per share.

If you own 500 shares, the total return you received from both capital gains and dividends is 500 shares * $12.00 = $6000. To find the percent return, divide the total return by the initial investment (500 shares * $50.95) and multiply by 100 to get a percentage. The percent return is ($6000 / (500 * $50.95)) * 100 ≈ 23.53%.