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Procter and Gamble (PG) paid an annual dividend of $ 1.65 in 2009. You expect PG to increase its dividends by 7.4 % per year
Procter and Gamble (PG) paid an annual dividend of $ 1.65 in 2009. You expect PG to increase its dividends by 7.4 % per year for the next five years (through 2014), and thereafter by 3.2 % per year. If the appropriate equity cost of capital for Procter and Gamble is 7.2 % per year, use the dividend-discount model to estimate its value per share at the end of 2009
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