Respuesta :
The dividend yielded from the stock purchase is 11.88%.
(End value - Beginning value)/Beginning value = capital gains yield.
=(60.25-53.85)/53.85
that is equivalent to
=11.88%.
What is a dividend?
A corporation may pay its shareholders a dividend when it distributes its earnings to them. A corporation is allowed to distribute some of its profits as dividends to its shareholders when it makes a profit or has excess cash. Anything left over is taken and reinvested back into the company (called retained earnings). A corporation is often not allowed to pay a dividend out of its capital; instead, it must use its profit from the current year as well as any retained earnings from prior years. Distribution to shareholders can take the form of cash (often a deposit into a bank account) or, if the company has a dividend reinvestment plan, the amount can be paid by the issuance of more shares or by share buyback. In some circumstances, the distribution could involve assets.
To learn more about a dividend from the given link
https://brainly.com/question/2960815
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you purchased a stock at a price of $53.85. the stock paid a dividend of $2.19 per share and the stock price at the end of the year is $60.25. what was the dividend yield?
