One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97...
One year ago, you purchased 200 shares of SL Industries stock at a price of $18.97 a share. The stock pays an annual dividend of $1.42 per share. Today, you sold all of your shares for $17.86 per share. What is your total dollar return on this investment?
Homework Answers
Ans $ 62.00
| Po = | Purchase Price |
| P1 = | Sale Price |
| Total Return on Shares = | ( Dividend + (P1 - P0)) * No of shares |
| (1.42 + 17.86 - 18.97) * 200 | |
| 62.00 |
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