Question
A company has an ROE of 11% and payouts 44% of its earnings as dividends. It is planning to pay a $3.64 dividend next year
A company has an ROE of 11% and payouts 44% of its earnings as dividends. It is planning to pay a $3.64 dividend next 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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Meetings Expositions Events And Conventions An Introduction To The Industry
Authors: George Fenich
5th Edition
0134735900, 9780134735900
