Question

Six months ago, you purchased 100 shares of stock in ABC Co. at a price of $43.89 a share. ABC stock pays a quarterly dividend of $.10 a share. Today, you sold all of your shares for $45.13 per share. What is the total amount of your capital gains on this investment

Answer 1

$144

Step-by-step explanation:

$45.13 - $43.89 = $1.24 profit each share

$1.24*100 = $124

$.10×100 = $10/quarter

2 quarters = $20

$124 + $20 = $144