Question
A company has an 12% and payouts 53% of its earnings as dividends. It is planning to pay a $2.11 dividend this year with a
A company has an 12% and payouts 53% of its earnings as dividends. It is planning to pay a $2.11 dividend this year with a current stock price of $40. What is the company's dividend growth rate? Express your answer as a percentage and round to two decimals.
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Business Analysis And Valuation Using Financial Statements
Authors: Krishna G Palepu, Paul M Healy
4th Edition
032430286X, 9780324302868
