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Dividend Discount Model Help! Current annual DPS: $ 2 . 6 8 . Annual DPS 5 years ago: $ 2 . 3 7 . Beta

Dividend Discount Model Help!
Current annual DPS: $2.68.
Annual DPS 5 years ago: $2.37.
Beta value: 0.38.
We forecast that past historical annual growth rate in DPS will continue.
U.S. Treasury securities: 4.3% annual yield.
Expected market return: 9.0%. Current stock price: $40.
Using the dividend discount model, should we buy or sell this stock?

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