Philip Morris Intl (PM) just paid an annual dividend of $3.40 for the most recent year. The
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Philip Morris Intl (PM) just paid an annual dividend of $3.40 for the most recent year. The current stock price is $90. Assuming investors demand a required return of 11% on PM stock, what is the implied perpetual growth rate in dividends expected by investors?
Garmin Ltd. (GRMN) is expected to pay a dividend of $0.45 per quarter next year for a total of $1.80 per share. The stock is currently trading for $32.68 per share. What is GRMN’s current dividend yield?
Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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