Universal Forests current stock price is $57 50 and it is likely to pay a $0 26 dividend next year Since analysts estimate Universal Forest will have a 9 5 percent growth rate, what is its required return ...

The least annual percentage made by a venture that will persuade individuals or businesses to put c ...

Universal Forests current stock price is $57.50 and it is likely to pay a $0.26 dividend next

Question:

Universal Forest’s current stock price is $57.50 and it is likely to pay a $0.26 next year. Since analysts estimate Universal Forest will have a 9.5 percent growth rate, what is its required return?

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...