Nico Bought 100 Shares of Cisco Systems Stock for $30

Multiple Choice

Nico bought 100 shares of Cisco Systems stock for $30.00 per share on January 1, 2013. He received a dividend of $2.00 per share at the end of 2013 and $3.00 per share at the end of 2014. At the end of 2015, Nico collected a dividend of $4.00 per share and sold his stock for $33.00 per share. What was Nico's realized holding period return?

A) -40%
B) +40%
C) -36.36%
D) +36.36%