The table below shows the dividend per share paid in 2007 and 2017 for three companies....
The table below shows the dividend per share paid in 2007 and 2017 for three companies.
Dividend Stream
Year Procter & Gamble Intel
Walmart
2007
$1.46 $0.43 $1.01
2017 $3.12
$1.19 $2.32
For each company, estimate the compound annual dividend growth rate over this decade.
The compound annual growth rate of dividend stream for Procter & Gamble is_)____ %. (Enter as a percentage and round to two decimal places.)
The compound annual growth rate for dividend stream for Intel is _____ %. (Enter as a percentage and round to two decimal places.)
The compound annual growth rate for dividend stream for Walmart is _____ %. (Enter as a percentage and round to two decimal places.)
Homework Answers
| Annual average growth rate=((last value/First value)^(1/Time between 1st and last value)-1)*100 |
| Annual Growth rate=((3.12/1.46)^(1/10)-1)*100 |
| Annual Growth rate% = 7.89 |
| Annual average growth rate=((last value/First value)^(1/Time between 1st and last value)-1)*100 |
| Annual Growth rate=((2.32/1.01)^(1/10)-1)*100 |
| Annual Growth rate% = 8.67 |
| Annual average growth rate=((last value/First value)^(1/Time between 1st and last value)-1)*100 |
| Annual Growth rate=((1.19/0.43)^(1/10)-1)*100 |
| Annual Growth rate% = 10.72 |
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