Paychex Inc. ( PAYX ) recently paid a dividend of $ 0 . 8 0 . The

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Question:

Paychex Inc.

(

PAYX

)

recently paid a dividend of $

0.80 .

The dividend is expected to grow at a

14

percent rate. The current stock price is $

59.31 .

What is the return shareholders are expecting?

Posted Date: May 11, 2024 03:24 AM

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Paychex Inc. ( PAYX ) recently paid a dividend of $ 0 . 8 0 . The

Question:

Expert Answer:

To calculate the return shareholders are expecting we can use th... View the full answer

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