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SIE: Trading & Settlement
SIE practice questionmediumTotal Return

An investor buys a stock at $50, receives $3 in dividends over the year, and sells it at $58. What is the total return?

  1. A16%
  2. B22%✓ Correct answer
  3. C11%
  4. D6%
Explanation

Why B22%

Total return includes both income (dividends) and capital appreciation. Capital gain = $58 - $50 = $8. Dividends = $3. Total gain = $8 + $3 = $11. Total return = $11 / $50 = 22%. Total return is the most comprehensive measure of investment performance because it captures all sources of return. Answer A (16%) only considers the capital gain, and C (6%) only considers the dividends.

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