5) The next dividend payment by St Vincent, Inc., will be $2.48 per share. The dividends are anticipated to maintain a growth rate of
5) The next dividend payment by St Vincent, Inc., will be $2.48 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent forever. The stock currently sells for $39.85 per share. A) What is the required return? B) What is the dividend yield? C) What is the expected capital gains yield?
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Authors: Herbert B. Mayo
10th edition
1111820635, 978-1111820633
