Question
A company just paid a dividend of $3.75 on its stock. The required return on the stock is 15.5% and the stock has an expected
A company just paid a dividend of $3.75 on its stock. The required return on the stock is 15.5% and the stock has an expected capital gains yield of 10.75%. What is this stock's dividend yield?
Round the final answer to 2 decimal places.
Step by Step Solution
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Step: 1
The dividend yield can be calculated by dividing the annual dividend per share by the stocks current ...
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
13th edition
1439078106, 111197375X, 9781439078105, 9781111973759, 978-1439078099
