Question: The next didvend payment by Hoffman, Inc., will be $2.60 per share. The dividends are anitcipated to maintain a growth rate of 6.25 percent forever.

The next didvend payment by Hoffman, Inc., will be $2.60 per share. The dividends are anitcipated to maintain a growth rate of 6.25 percent forever. Assume the stock currently sells for $48.80 per share.
What is the dividend yield?
What is the expected capital gains yield?
The next didvend payment by Hoffman, Inc., will be $2.60 per share.

w The next dividend payment by Hoffman, Inc., will be $2.60 per share. The dividends are anticipated to maintain a growth rate of 6.25 percent forever. Assume the stock currently sells for $48.80 per share. 1.42 points a. What is the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the expected capital gains yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) eBook 1 References Dividend yield Capital gains yield b

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