CDB stock is currently priced at $85. The company will pay a dividend of $5.69 next year and investors require a return of 11.6 percent on similar stocks. What is the dividend growth rate on this stock?
What is the dividend growth rate on this stock
=investors require a return-(Dividend in year one/price)
=11.6%-(5.69/85)
=4.91%
the above is answer..
CDB stock is currently priced at $85. The company will pay a dividend of $5.69 next...
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