Estimate the short run growth rate and the long run grow rate for the firm using historical dividend information

Provide details on your calculation. Common practice is to estimate industry growth; for multi period DDM, you have to estimate the short run growth for the future five years and the long run growth from year 6 to infinity). Discuss the difference between the estimated short run growth rate and long run growth rate.

Ex- Record Date Date Pay Date Type Frequency Amount 2012- 05- 14 2012- 05-16 2012- 06- Cash 08 Div. $0.10 quarterly 2013- 05- 06 2013- 2013- Cash 05-08 | 05-31 Div. $0.13 quarterly 2014- 05- 05 2014- 05-07 2014- 05- | Cash 30 Div. $0.13 quarterly 2015- 05- 04 2015- 05-06 2015- 05- Cash 29 Div. $0.13 quarterly 2016- 05- 09 2016- 05-11 2016- 06- Cash 03 Div. $0.13 quarterly 2017- 05- 08 2017- 05-10 2017- 06- Cash 02 Div. $0.15 quarterly 2018- 05- 08 2018- 05-09 2018- 06- Cash 01 Div. S0.15 quarterly