Common stock value constant growth - Seagate Technology is a global leader in data storage solutions and a high yield dividend payer. From 2015 through 2019, Seagate paid the following per share dividends.

Year	Dividend Per Share
2019	$2.49
2018	$2.25
2017	$1.78
2016	$1.24
2015	$1.52

Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use the 19% required rate of return to find the value of Seagate's stock immediately after it paid its 2019 dividend of $2.49