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Laoc Inc has seen a steady decline in its revenues. Its latest dividends per share were $1.5, giving it a 4% current dividend yield. It
Laoc Inc has seen a steady decline in its revenues. Its latest dividends per share were $1.5, giving it a 4% current dividend yield. It just announced that it expects to reduce its dividends by 5% per year going forward. What is the expected total return from Laoc's stock? Does the figure make sense? What do you expect to happen to its stock price?
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