Question
The next dividend payment by Halestorm, Inc., will be $2.16 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever.
| The next dividend payment by Halestorm, Inc., will be $2.16 per share. The dividends are anticipated to maintain a growth rate of 5 percent forever. The stock currently sells for $44 per share. |
| What is the dividend yield?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
| Dividend yield | % |
| What is the expected capital gains yield? |
| Capital gains yield | %
|
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Financial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th Edition
9781118560952, 1118560957, 978-0470239803
