Gordon Dividend Capitalization Model Assignment Help

Dividend Decisions - Gordon Dividend Capitalization Model

Gordon's Dividend Capitalization Model

A model for determining the intrinsic value of a stock, established on a future series of dividends that grow at a constant rate. Provided a dividend per share that is payable in one year, and the assumption that the dividend grows at a constant rate in perpetuity, the model figures out for the present value of the infinite series of future dividends.

Where:
D = anticipated dividend per share one year from now
k = required rate of return for equity investor
G = Growth rate in dividends (in perpetuity)


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