Question
This year the company paid a dividend of $5. And its current price (aka after the dividend has been paid) is $50. Its Beta is
This year the company paid a dividend of $5. And its current price (aka after the dividend has been paid) is $50. Its Beta is 1.4, the risk free rate is 2% and the excess market return is 5%.
What is the implied plowback ratio (using this year's price and dividend) assuming the stock is under zero dividend growth path?
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
13th Edition
978-0134083308, 013408330X
