Hernandez Tool Manufacturing just paid 1.72 dividends to its stockholders. It is a mature firm that has consistently increased dividends by 4.35% over the last 5 years. The shareholders could earn about 6.38% in a similar firm.

What is the estimated stock price/share for Hernandez Tool?

Answer rating: 100% (QA)

To estimate the stock priceshare for Hernandez Tool we can use the dividend discount model which cal... View the full answer