Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1)Calculate the dividend yield and the payout ratio. 2)Calculate the annual dividend growth rate for the last 10 years. Based on the annual dividend growth
1)Calculate the dividend yield and the payout ratio.
2)Calculate the annual dividend growth rate for the last 10 years. Based on the annual dividend growth rate for each company, will you forecast a constant or non-constant growth in dividends?
Date | Dividends |
12/2/10 | 0.31 |
3/3/11 | 0.31 |
6/2/11 | 0.31 |
9/1/11 | 0.31 |
12/1/11 | 0.36 |
3/1/12 | 0.36 |
5/31/12 | 0.36 |
8/30/12 | 0.36 |
12/6/12 | 0.42 |
2/28/13 | 0.21 |
5/30/13 | 0.21 |
8/29/13 | 0.21 |
12/12/13 | 0.24 |
2/27/14 | 0.24 |
5/29/14 | 0.24 |
8/28/14 | 0.24 |
8/29/14 | 0.24 |
12/11/14 | 0.28 |
2/26/15 | 0.28 |
5/28/15 | 0.28 |
9/3/15 | 0.28 |
12/7/15 | 0.32 |
3/3/16 | 0.16 |
6/2/16 | 0.16 |
9/1/16 | 0.16 |
9/2/16 | 0.16 |
12/1/16 | 0.18 |
3/2/17 | 0.18 |
6/1/17 | 0.18 |
8/31/17 | 0.18 |
12/1/17 | 0.2 |
3/2/18 | 0.2 |
6/1/18 | 0.2 |
8/31/18 | 0.2 |
11/30/18 | 0.22 |
3/1/19 | 0.22 |
5/31/19 | 0.22 |
8/30/19 | 0.22 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started