Given the constant growth dividend valuation model, the expected percentage growth in value of a stock is equal to the capital gains yield for that stock. 1) Need more information 2) True 3) False AA's common shares are currently trading at $57. 12. Dividends on this stock are paid annually and are expected to grow at 2% per annum in perpetuity. Shareholders required return on this investment of 3%. The most recent dividend was paid yesterday and the next dividend will be paid in one year. How big was yesterday's dividend? 1) $0.56 2) $0.62 3) $0.55 4) $0.57 5) $0.60