You Purchased 100 Shares of a Stock at the Beginning

question 23

Multiple Choice

You purchased 100 shares of a stock at the beginning of the year for $43.20 per share. The share price at the end of the year is $46.10 and the stock paid an annual dividend of $1.10 per share. What was your dividend yield for the year?

• A) 2.23%
• B) 2.39%
• C) 2.55%
• D) 2.67%
• E) 2.81%