Mack plc has paid out dividends per share over the past few years, as follows: 2014 11.0p
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Mack plc has paid out dividends per share over the past few years, as follows:
2014 11.0p 2015 12.5p 2016 14.0p 2017 17.0p 2018 20.0p In March 2018, the market price per share of Mack is £5.00 ex-dividend. What is the rate of return required by investors in Lofthouse’s equity implied by the Dividend Growth Model?
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