Question: 1.67 points The next dividend payment by Halestorm, Inc., will be $1.68 per share. The dividends are anticipated to maintain a growth rate of 6

1.67 points The next dividend payment by Halestorm, Inc., will be

1.67 points The next dividend payment by Halestorm, Inc., will be $1.68 per share. The dividends are anticipated to maintain a growth rate of 6 percent forever. The stock currently sells for $32 per share. What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield What is the expected capital gains yield? (Enter your answer as a percent.) Capital gains yield References eBook & Resources Worksheet Learning Objective: 08-01 How stock prices depend on future dividends and dividend growth Difficulty: Basic Section: 8.1 Common Stock Valuation

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