Answer:
The total dollar return per share is 11% or $3.7
Explanation:
Total dollar return = (Selling price- buying price + total dividend)/buying price.
The buying price is 32.50
The selling price= 34.60
The total dividends are 0.4*4=1.6 because in 1 year there will be 4 quarterly dividends.
Now we input these numbers in a formula
(34.60-32.50+1.6)/32.50=0.11
= 11%
In dollar terms the return is
34.60-32.50+1.6=3.7
