Question

Refer to the stock market quote in Table 8-1 a. What was the closing stock price for Abbott Laboratories on July 7, 2016? b.

TABLE 8-1 Stock Market Quote, July 7, 2016 (2) (3) Symbol Open 6 0 (15) (4) High (5) Low (8) %Chg (9) Vol (11) 52 Week (12) D

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Answer #1

Answer 5)

a) Closing price of Abbott laboratories on July 7th 2016 = 41.36

b) High and low prices at which Abbott Laboratories traded between July 7th 2015 and July 7th 2016


High = 52-week high = 51.74
Low = 52-week low = 36.00

c) What was the dividend on Webster financial stock as of July 7th 2016 ?

Dividend yield = 2.99% ( Given directly)

or it can be calculated as

Dividend = 1.00
Closing price = 33.43
Dividend Yield = Dividend / Closing price ( as on July 7th, 2016)
Dividend Yield = 1.00 / 33.43
= 0.299
Dividend Yield = 2.99 %

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