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Eclipse Energy Systems ( EES ) is experiencing rapid growth and currently reinvests all profits back into the company, foregoing dividend payments. However, it's anticipated
Eclipse Energy Systems EES is experiencing rapid growth and currently reinvests all profits back into the company, foregoing dividend payments. However, it's anticipated that EES will start distributing dividends four years from now, starting at $ The dividends are expected to increase by annually for the following two years Years and After Year the dividend growth rate is anticipated to become a steady per year indefinitely. Given the required return on EES's stock is calculate the present value of the stock based on these projections.
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