Find the amounts of the most recent two dividends paid by the (main) stock of Microsoft. Calculate the implied growth rate. Find the closing stock price that occurred three months prior to the most-recent dividend payment. Using that stock price, the most-recent dividend, and the implied growth rate, calculate the required rate of return for this stock of your corporation. 

 

MSFT Microsoft Corporation Common Stock DATA AS OF FEB 18, 2020 7:21 PM ET AFTER HOURS 1 $187.30 0.07 0.04% CLOSED AT 4:00 PM ET ON FEB 18, 2020 1 $187.23 1.88 1.01% MSFT > MICROSOFT CORPORATION COMMON STOCK (MSFT) DIVIDEND HISTORY Microsoft Corporation Common Stock (MSFT) Dividend History MSFT EX-DIVIDEND DATE 02/19/2020 1.1006% EX/EFF DATE TYPE 02/19/2020 Cash MSFT DIVIDEND YIELD 11/20/2019 Cash CASH AMOUNT $0.51 $0.51 MSFT ANNUAL DIVIDEND $2.04 DECLARATION RECORD DATE DATE MSFT PAYOUT RATIO 32.62% 12/04/2019 02/20/2020 PAYMENT DATE 03/12/2020 09/18/2019 11/21/2019 12/12/2019 2 FEEDBACK