Question

Problem 9-32 Portfolio Return (LG9-7)

The table below shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices at the end of the year.

Company	Shares			Beginning of Year Price			Dividend Per Share			End of Year Price
Johnson Controls		400		$	73.31		$	1.25		$	86.12
Medtronic		600			57.97			0.49			53.91
Direct TV		900			25.34						24.79
Qualcomm		400			43.48			0.43			39.32

What is your portfolio dollar return and percentage return?

Answer 1