Alex purchased 800 shares. The total cost was $2.60 per share. Alex sold the shares one year later for $3.40 each and paid a fee of $24.95 for selling the shares.
What profit did Alex make on these shares?
- $590.10
- $615.05
- $640.00
- $664.95
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Alex purchased 800 shares. The total cost was $2.60 per share. Alex sold the shares one year later for $3.40 each and paid a fee of $24.95 for selling the shares.
What profit did Alex make on these shares?
Ariana owns 1500 shares in a company. The market price for each share is $27. Ariana's total dividend from these shares is $810.
Calculate the dividend yield for her shares. (2 marks)
Jana owns a share portfolio. Details of her share portfolio at 30 June 2020 are given in the table.
Jana received a total annual dividend of $149.52 from her share portfolio.
Calculate the number of shares Jana has in company
A person owns 1526 shares with a market value of $8.75 per share. The total dividend received for these shares is $1068.20.
Calculate the percentage dividend yield. (2 marks)
An investment fund purchases 4500 shares of Bank ABC for a total cost of $274 500 (ignore any transaction costs).
The investment fund is paid a divided of $3.66 per share in the first year.
i.
ii.
Sam purchased 500 company shares at $3.20 per share. Brokerage fees were 1.5% of the purchase price.
Sam is paid a dividend of 26 cents per share, then immediately sells the shares for $4.80 each.
If he pays no further brokerage fees, what is Sam’s total profit? (3 marks)
Last year, Helen bought 150 shares at $2.00 per share. They are now worth $2.50 per share. Helen receives a dividend of $0.10 per share.
What is the dividend yield?
Adhele has 2000 shares. The current share price is $1.50 per share. Adhele is paid a dividend of $0.30 per share.
i. | |
ii. | ||