The Bouchard Company 's EPS was $6 50 in 2015, up from $4 42 in 2010 The company pays out 40 of its earnings as dividends, and its common stock sells for $36 00 a Calculate the past growth rate in earnings b The last dividend was D0 0 4 ($6 50) $2 60 Calculate the next expected dividend, D1, assumi...

a With a financial calculator in ...

The Bouchard Company's EPS was $6.50 in 2015, up from $4.42 in 2010. The company pays out

Question:

The Bouchard Company's EPS was $6.50 in 2015, up from $4.42 in 2010. The company pays out 40% of its earnings as dividends, and its sells for $36 00.
a. Calculate the past growth rate in earnings.
b. The last was D0 = 0.4 ($6.50) = $2.60. Calculate the next expected assuming that the past growth rate continues.
c. What is Bouchard's cost of retained earnings, rs?
Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...