Financial Maths - Shares.
Test Yourself 1.
| Dividend amounts. | 1. BHP recently announced an Interim dividend would be paid to shareholders on 23 March. The dividend is $1.39 per share.
David holds 763 shares in BHP which are presently selling for $44.90. How much will David receive when the dividend is paid? Answer.763 × $1.39 = $1,060.57. |
| 2. | |
| 3. How many shares? | |
| 4. Portfolio | |
| 5. | |
| Dividend yield | 6. Telstra has just announced that it will pay a dividend of 8c per share. On the day of that announcement, the price of one Telstra share was $3.21.
What is the dividend yield on Telstra's shares on that date? Answer.Yield = 2.5%. |
| 7. On 15 November 2019, Soul Pattinson P/L paid a dividend of 34c per share. At that time, its shares were selling at $22.26.
On 20 November 2020, the Company paid a dividend of 35c per share and, on that date, the share price was $27.75. Compare the divided yields for the Company on the two dates when dividends were paid. Answer.The 2019 yield was 1.53%The 2020 yield was 1.26%. So the yield has decreased but you receive more cash. |
|
| 8. Hughey bought 500 shares at $2.25 per share. He was still holding the shares 8 months later when they were then worth $3.00 per share.
At that time, Hughey received a dividend paid at the rate of $0.17 per share. What is Hughey's dividend yield on the shares? Answer.Hughey's dividend yield is 7.6%. |
|
| 9. Investment across two companies - Yield? | |
| 10. |