Current dividend per share

Assignment Help Financial Management

Reference no: EM131448981

Suppose you know that a company’s stock currently sells for $63 per share and the required return on the stock is 13 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. It's the company’s policy to always maintain a constant growth rate in its dividends.

What is the current dividend per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current dividend per share $

Reference no: EM131448981

Questions Cloud

United states was the worlds dominant economic power : After World War II, the United States was the world’s dominant economic power. Is this trend good or bad for Americans? Explain.

Calculate the net requirements and planned order releases : Initially, assume that Phil wants to minimize his inventory requirements. Assume that each order will be only for what is required for a single period. Using the following forms, calculate the net requirements and planned order releases for the ge..

How it could be used to enhance the companys strengths : Create a presentation in Power Point suggesting how IT could be used to enhance the company's strengths, lessen the company's weaknesses.

Define whirlpool marketing goal : Whirlpool's marketing goal is to leverage resources across borders. How is this evident in its marketing approach?

Current dividend per share : Suppose you know that company’s stock currently sells for $63 per share and required return on stock is 13 percent. What is the current dividend per share.

What is importance of understand time value of money concept : What is the importance to an individual of understanding time value of money concepts? For a corporate manager?

Performance appraisal process : Prepare and submit a typed evaluation. At your current or a past place of employment, evaluate:

The machine has no salvage value : The machine's economic life of 5 years will be depreciated straight-line to $0. The machine has no salvage value.

Taxpayers qualify for the earned income credit : Which one of the following taxpayers qualify for the earned income credit?

User Account

All Pages