Scylace plc's shares are trading on a stock exchange with a share price of 35p.

The nominal value of each share is 5p and the company's market capitalisation is 4.8 billion.

Scylace has announced an annual dividend of 2p per share. It does not intend to pay an interim dividend this year or at any time in the future - it only pays a dividend once per year.

Next year, Scylace's directorsfirmly expect to pay an annual dividend of 2.05p per share and the percentage dividend growth in future years is not expected to change in the foreseeable future.

What is Scylace's Cost of Equity Capital?