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i bought ABC at 11$ last 2020. the 2023 dividend rate is 5% (this is of course based on the current stock price which lets say 20$). how would i get my dividend rate (%) based on the 11$ i bought it
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Take the past 12 month dividend recieved divided by your average cost
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Billy
23 Jul 2023
Development & Acquisitions Manager at Real Estate Private Equity
Hi Sandra, you'll have to take the dividend payout amount and divide it based on your cost price to ...
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Current dividend given divided by the $11 you paid for