Grow at the same rate as dividends and earnings per share

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Reference no: EM132465439

Maynard Steel plans to pay a dividend of $2.96 this year. The company has an expected earnings growth rate of 3.6 % per year and an equity cost of capital of 10.7%

If Maynard maintains the same split between divdends and? repurchases, and the same payout? rate, as in part ?(b?) of 41.69, at what rate are? Maynard's dividends, earnings per? share, and share price expected to grow in the? future?

Note?: The share price is expected to also grow at the same rate as dividends and earnings per share.

Reference no: EM132465439

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