What is the current dividend per share

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Reference no: EM132955181

Suppose you know that a company's equity currently sells for £54 per share and the required return on the equity is 7 per cent. You also know that the total return on the equity is evenly divided between a capital gains yield and a dividend yield.

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Problem 1: If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?

Reference no: EM132955181

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