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$17.250 $1.150 2005 14.750 1.060. Can I get detailed instructions please. This is a Finance
question
For 2005:
Dividend = $1.06
Stock Price = $14.75
Increase in stock price = $0
Annual return = [(Increase in stock price + Annual dividend paid) / Market price of
stock] * 100
Annual return = [($0 + $1.06) / $14.75] * 100
Annual return = [($1.06) / $14.75] * 100
Annual return = [0.071864] * 100
Annual return = 7.186%
For 2006:
Dividend = $1.15
Stock Price = $17.25
Increase in stock price = $17.25 - $14.75 = $2.5
Annual return = [(Increase in stock price + Annual dividend paid) / Market price of
stock] * 100
Annual return = [($2.5 + $1.15) / $17.25] * 100
Annual return = [($3.65) / $17.25] * 100
Annual return = [0.211594] * 100
Annual return = 21.159%