Delta Company has paid an annual dividend of $1.75 per share for some time. Recently the board of directors voted to grow the dividend by 5% from now on. What is the most you would be willing to pay for a share of Delta if you expect an 8% return on your stock investments?

4 peints Delta Company has paid an annual dividend of $1.75 per share for some time. Recently the board of directors voted to grow the dividend by 5% from now on. What is the most you would be willing to pay for a share of Delta if you expect an 8% return on your stock investments