Question: The table should be moving now. Pls clearly read the question and don't copy answers from anywhere else.Thanks a lot! Table 1 is the dividends
The table should be moving now. Pls clearly read the question and don't copy answers from anywhere else.Thanks a lot!
Table 1 is the dividends per share of the 5 companies in the past 5 years. Table2 shows monthly closing share prices (adjusted to include dividends) of 5 companies, and the adjusted closing prices for the ASX200 index.
Calculate the average annual growth in dividends over the last five years. Use this information, along with Gordons Growth Model to estimate the implied expected return for each REIT at the current market price. Show your analysis process.
| FY16 | FY17 | FY18 | FY19 | FY20 | |
| GMG | 0.240 | 0.259 | 0.280 | 0.300 | 0.300 |
| CHC | 0.269 | 0.300 | 0.318 | 0.337 | 0.357 |
| DXS | 0.435 | 0.455 | 0.478 | 0.502 | 0.503 |
| MGR | 0.099 | 0.104 | 0.110 | 0.116 | 0.091 |
| SGP | 0.245 | 0.255 | 0.265 | 0.276 | 0.241 |
| Date | AXJO | GMG | CHC | DXS | MGR | SGP |
| 1/10/19 | 6663.400 | 14.093 | 10.923 | 11.419 | 3.108 | 4.611 |
| 1/11/19 | 6846.000 | 14.514 | 10.449 | 11.667 | 3.263 | 4.762 |
| 1/12/19 | 6684.100 | 13.094 | 10.710 | 11.161 | 3.079 | 4.357 |
| 1/1/20 | 7017.200 | 14.744 | 12.623 | 12.414 | 3.355 | 4.773 |
| 1/2/20 | 6441.200 | 14.833 | 12.250 | 11.867 | 3.000 | 4.569 |
| 1/3/20 | 5076.800 | 11.981 | 6.733 | 8.871 | 2.062 | 2.454 |
| 1/4/20 | 5522.400 | 13.021 | 7.509 | 8.939 | 2.210 | 2.794 |
| 1/5/20 | 5755.700 | 15.219 | 9.511 | 8.783 | 2.319 | 3.463 |
| 1/6/20 | 5897.900 | 14.704 | 9.511 | 8.978 | 2.141 | 3.211 |
| 1/7/20 | 5927.800 | 16.930 | 10.520 | 8.510 | 2.090 | 3.190 |
| 1/8/20 | 6060.500 | 18.310 | 12.510 | 8.830 | 2.110 | 3.960 |
| 1/9/20 | 5815.900 | 17.940 | 12.430 | 8.890 | 2.180 | 3.780 |
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