Growth in the dividend, Mittal Corp forecasts dividends of

Growth in the dividend

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Reference no: EM13890514

Mittal Corp forecasts dividends of $1.50 one year from now, $2.20 two years from now, $2.60 three years from now, followed by growth in the dividend of 5% per year forever after that. The required return on the stock is 9%. Your estimate of Mittal's stock price should be $____________ per share?

Reference no: EM13890514

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Growth in the dividend : Mittal Corp forecasts dividends of $1.50 one year from now, $2.20 two years from now, $2.60 three years from now, followed by growth in the dividend of 5% per year forever after that. The required return on the stock is 9%. Your estimate of Mittal's ..

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