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FedEx Corp. stock ended the previous year at $111.79 per share. It paid a $0.80 per...

FedEx Corp. stock ended the previous year at $111.79 per share. It paid a $0.80 per share dividend last year. It ended last year at $115.09. If you owned 370 shares of FedEx, what was your dollar return and percent return?

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Answer #1

Opening Price per share = $111.79
Dividend per share = $0.80
Closing Price per share = $115.09

Dollar Return per share = Closing Price per share + Dividend per share - Opening Price per share
Dollar Return per share = $115.09 + $0.80 - $111.79
Dollar Return per share = $4.10

Total Dollar Return = Dollar Return per share * Number of shares owned
Total Dollar Return = $4.10 * 370
Total Dollar Return = $1,517

Percent Return = Dollar Return per share / Opening Price per share
Percent Return = $4.10 / $111.79
Percent Return = 0.0367 or 3.67%

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