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Naiad Industries (NIAD) just paid a dividend of $3.40 per share. The company expects the coming year to be very profitable, and its dividend is

Naiad Industries (NIAD) just paid a dividend of $3.40 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 18.00% over the next year and 12.00% the following year. After that, NIADs dividend is expected to grow at a constant rate of 4.00% per year. The risk-free rate (rf) is 1.00%, the market risk premium (RPm) is 8.00%, and NIADs beta is 1.70.

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