Question
YRB Corporation has 400 million outstanding shares. YRB's expected cash distributions (per share) next year are $5.00, comprised of $3.00 of dividends and $2.00 of
YRB Corporation has 400 million outstanding shares. YRB's expected cash distributions (per share) next year are $5.00, comprised of $3.00 of dividends and $2.00 of share repurchases. This mix of dividends to total distributions will continue. The required rate of return is 8% and total distributions are expected to grow at 4.5% perpetually.
What is the dividend yield?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
