The CAGR I've earned on my investment in a stock is 5.64%, and the dividend rate has averaged 2.47%. What is the best approximation of my total rate of return?
Total return on investment = Dividend+Capital gain
Total return on investment = Dividend+growth rate
Total return on investment = 2.47%+5.64%
Total return on investment = 8.11%
The CAGR I've earned on my investment in a stock is 5.64%, and the dividend rate...