Umber, Inc. just paid a dividend of $2.00 per share. And next year's dividend will be...
Umber, Inc. just paid a dividend of $2.00 per share. And next year's dividend will be $2.02. What is Umber's plowback ratio if it has a ROE of 11.40%? (Round your answer to 2 decimal places.) Plowback ratio = ?
The Herjavec Co just paid a dividend of 2.00 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. Investors require a return of 12 percent on the company's stock. The Herjavec Co.just paid a dividend of $2.00 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. Investors require a return of 12 percent on the company's...
1. Polomi's common stock just paid a dividend of $1.31 per share. And the dividend is expected to grow at a rate of 6.00% every year. Investors require a rate of return of 12.80% on Polomi's stock. a. Calculate the intrinsic value of Polomi's stock? (Round your answer to 2 decimal places.) Intrinsic value $ b. What should be the price of Polomi's stock 1 year from now if market expect its current market price reflects its intrinsic value? (Round...
Lenny's Sub Shop just paid a dividend of $1.00 a share. The dividend is expected to grow 0% a year for the next 3 years and then at 8% a year thereafter. What is the expected dividend per share for year 2? Group of answer choices $1.06 $1.00 $2.00 $2.06
Sea Side, Inc., just paid a dividend of $1.96 per share on its stock. The growth rate in dividends is expected to be a constant 3.1 percent per year indefinitely. Investors require a return of 25 percent on the stock for the first three years, then a 20 percent return for the next three years, and then a 18 percent return thereafter. What is the current share price? (Do not round intermediate calculations. Round your answer to 2 decimal places....
Mexican Motors stock sells for 200 pesos per share and next year's dividend is 8.5 pesos. Security analysts are forecasting earnings growth of 7.5% per year for the next five years. a) Assume that earnings and dividends are expected to grow at 7.5% in perpetuity. What rate of return are investors expecting? b) Mexican Motors has generally earned about 12% on book equity (ROE = 0.12) and paid out 50% of earnings as dividends. Suppose it maintains the same ROE...
Maloney, Inc., has an odd dividend policy. The company has just paid a dividend of $5 per share and has announced that it will increase the dividend by $6 per share for each of the next five years, and then never pay another dividend. If you require a return of 12 percent on the company’s stock, how much will you pay for a share today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)...
Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $9.00 per share and has announced that it will increase the dividend by $7.00 per share for each of the next four years, and then never pay another dividend. Required: If you require a return of 12 percent on the company's stock, how much will you pay for a share today? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g.,...
Moderate Growth Company paid a dividend last year of $2.45. The expected ROE for next year is 13%. An appropriate required return on the stock is 11%. If the firm has a plowback ratio of 56%, what should the dividend in the coming year be? (Round your answer to 3 decimal places.) Dividend
Brigham and Houston just paid a dividend of $2.00 a share. The dividend is expected to grow at 25% a year for the next 3 years and then at a rate of 6% a year thereafter. What is the expected dividend per share for year 3? Group of answer choices