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Mando Enterprises is expanding rapidly. Dividend growth for the coming year is projected to be 27.00%. This rate will decline by 3 percentage points per
Mando Enterprises is expanding rapidly. Dividend growth for the coming year is projected to be 27.00%. This rate will decline by 3 percentage points per year until it reaches the industry average of 9.00% (i.e., 24% in the second year, 21% in the third year, etc.). Once it reaches 9.00%, it will stay there indefinitely. The most recent dividend Mando paid was $12.00 per share. Compute Mandos price per share as of today if the market requires a return of 18.00% per year.
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