Keenan Co is expected to maintain a constant 5 2 percent growth rate in its dividends indefinitely If the company has a dividend yield of 6 3 percent, what is the required return on the company 's stock ...

The required return of a stock is made up ...

Keenan Co. is expected to maintain a constant 5.2 percent growth rate in its dividends indefinitely. If

Question:

Keenan Co. is expected to maintain a constant 5.2 percent growth rate in its dividends indefinitely. If the company has a yield of 6.3 percent, what is the required return on the company's stock?
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...