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The Shoe Outlet has paid annual dividends of $.60,$.68,$.74, and $.77 per share over the last four years, respectively. The stock is currently selling for
The Shoe Outlet has paid annual dividends of $.60,$.68,$.74, and $.77 per share over the last four years, respectively. The stock is currently selling for $11.08 a share. The dividend growth rate is, if using arithmetic average: \% - Round your final answer to one decimal, i.e., 1.2 for 1.2% Using the dividend growth model, the cost of equity is: Re \% - Round your final answer to one decimal, i.e., 1.2 for 1.2%
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