Current Price = $75.00
Required Return = 8.80%
Growth Rate = 2.40%
Current Price = Expected Dividend in 1 year / (Required Return -
Growth Rate)
$75.00 = Expected Dividend in 1 year / (0.0880 - 0.0240)
$75.00 = Expected Dividend in 1 year / 0.0640
Expected Dividend in 1 year = $4.80
Expected Dividend in 1 year = Recent Dividend * (1 + Growth
Rate)
$4.80 = Recent Dividend * 1.0240
Recent Dividend = $4.69
So, the most receipt dividend per share paid on the stock is $4.69
Mannix Corporation stock currently sells for $75 per share. The market requires a return of 8.8...
Mannix Corporation stock currently sells for $31 per share. The market requires a return of 11.6 percent on the firm’s stock. If the company maintains a constant 3.8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Mannix corporation stock currently sells for $75 per share. the market requires a return of 9 percent on the firm's stock. If the company maintains a constant 5 percent growth rate in dividends, what what the most recent dividend per share paid on the stock? A) 4.97 B) 2.74 C) 2.86 D) 3.00 E) 10.55
Mannix Corporation stock currently sells for $85 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 8 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Multiple Choice $2.55 $4.46 $16.23 $2.36 $2.27
Mannix Corporation stock currently sells for $80 per share. The market requires a return of 11 percent on the firm's stock. If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? A) $14.47 B) $2.99 C) $2.87 D) $3.20 E) $5.11
Secolo Corporation stock currently sells for $25 per share. The market requires a return of 10.4 percent on the firm's stock. If the company maintains a constant 3.2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) $ Dividend paid per share
Secolo Corporation stock currently sells for $50 per share. The market requires a return of 8 percent on the firm's stock. If the company maintains a constant 2 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Dividend paid per share
Vulcano Corporation stock currently sells for $76 per share. The market requires a return of 9 percent on the firm's stock. If the company maintains a constant 2.5 percent growth rate in dividends, what was the most recent dividend per share pald on the stock? (Do not round intermediate calculations and round your answer to 2 decimel places, e.g., 32.16.) Dividend pald per share
Check my work Dropshot Corporation stock currently sells for $68.98 per share. The market requires a return of 10.3 percent on the firm's stock. If the company maintains a constant 4.9 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) pints Dividend per share eBook Hint Print
Chapter 7, Question #8
Dropshot Corporation stock currently sells for $64.63 per share. The market requires a return of 11 percent on the firm's stock. points If the company maintains a constant 4.75 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 8 01:31:13 Dividend per share Skipped
Teder Corporation stock currently sells for $110 per share. The market requires a 13 percent return on the firm's stock. Required: If the company maintains a constant 7 percent growth rate in dividends, what was the most recent dividend per share paid on the stock?