You purchased 100 shares of AACL stock for $13.02 a share last year. You have...

70.2K

Verified Solution

Question

Finance

You purchased 100 shares of AACL stock for $13.02 a share last year. You have received a total of $108 in dividends and $1,301 in proceeds from selling the shares. What is your dividend yield on this stock?

Group of answer choices

8.29%

13.77%

10.56%

11.62%

9.82%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students