You purchased a stock for $29.40 a share, received a dividend of $0.72 per share, and sold the stock after one year for $31.30 a share. What was your dividend yield on this investment?

Respuesta :

Answer:

2.45%

Explanation:

dividend yield = annual dividend / Stock Price per share

$0.72 / $ 29.40 = 0.0245     (2.45%)