The percentage total return when the stock had an initial price of $34 per share is 74.05%. This is 0.7405 in 4 decimal places.
It was illustrated that the stock had an initial price of $34 per share, paid a dividend of $1.18 per share during the year, and had an ending share price of $58.
The percentage total return will be:
= (Dividend - (Change in price) / Initial price × 100
= 1.18 + (58 - 34) / 34 × 100
= (1.18 + 24)/34 × 100
= 25.18/34 × 100
= 74.05% or 0.7405
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