The next dividend payment by Im, Incorporated, will be $1 76 per share The dividends are anticipated to maintain a growth rate of 7 percent forever The stock currently sells for $34 per share a What is the dividend yield (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e g , 32 16 ) b What is the expected capital gains yield (Enter your answer as a percent ) The next dividend payment by Im, Incorporated, will be $1 76 per share The dividends are anticipated to maintain a growth rate of 7 percent forever The stock currently sells or $34 per share What is the dividend yield (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e g , 32 16 ) o What is the expected capital gains yield (Enter your answer as a percent )

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 04, 2024

The next dividend payment by Im, Incorporated, will be $1.76 per share. The dividends are anticipated to maintain a growth rate of 7 percent forever.

The next dividend payment by Im, Incorporated, will be $1.76 per share. The dividends are anticipated to maintain a growth rate of 7 percent forever. The stock currently sells for $34 per share.

a.	What is the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b.	What is the expected capital gains yield? (Enter your answer as a percent.)

image text in transcribed

The next dividend payment by Im, Incorporated, will be $1.76 per share. The dividends are anticipated to maintain a growth rate of 7 percent forever. The stock currently sells or $34 per share. What is the dividend yield? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) o. What is the expected capital gains yield? (Enter your answer as a percent.)