Question
The next dividend payment by ECY, Inc., will be $1.40 per share. The dividends are anticipated to maintain a growth rate of 6%, forever. The
The next dividend payment by ECY, Inc., will be $1.40 per share. The dividends are anticipated to maintain a growth rate of 6%, forever. The stock currently sells for $25 per share.
A) What is the dividend yield? (Do not round intermediate calculation and enter your answer as a percent rounded to 2 decimal places)
1) Dividend yield __________%
B) What is the expected capital gains yield? (Do not round intermediate calculation and enter your answer as a percent to 2 decimal places)
1) Capital gains yield_________% (The answer is not .06%)
*****Please have someone who know how to calculate this problem complete it because the last time it was wrong********
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