A stock has a current price of $50 and pays an annual dividend of $2. The stock's
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Question:
A stock has a current price of $50 and pays an annual dividend of $2. The stock's dividend is expected to grow at a rate of 5% per year. Calculate the following:
- The dividend yield
- The dividend growth rate
- The Gordon Growth Model
Related Book For
Intermediate Financial Management
ISBN: 978-1285850030
12th edition
Authors: Eugene F. Brigham, Phillip R. Daves
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