Question: Problem 7-3 Stock Values [LO 1] The next dividend payment by Wyatt, Inc., will be $3.30 per share. The dividends are anticipated to maintain a
Problem 7-3 Stock Values [LO 1] The next dividend payment by Wyatt, Inc., will be $3.30 per share. The dividends are anticipated to maintain a growth rate of 7.25 percent, forever. Assume the stock currently sells for $50.20 per share. Requirement 1: What is the dividend yield? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Dividend yield % Requirement 2: What is the expected capital gains yield? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Capital gains yield %
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