The next dividend payment by ecy inc will be 320 per share, Finance Basics

+44 141 628 6080
[email protected]

The next dividend payment by ecy inc will be 320 per share

The next dividend payment by ECY, Inc will be $3.20 per share. The dividends are anticipated to maintain a growth rate of 6 percent, forever.

If ECY stock currently sells for $63.50 per share, what is the required return?

Price of the stock = Dividend (D0)/(r-g), r = return rate , g = growth rate, P = price Given, p = 63.50, D1=3.20, g=0.06

So, r = D0/P + g = 3.20/63.5+0.06 = 0.050346 = 5.03% Is this correct?

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The next dividend payment by ecy inc will be 320 per share

Reference No:- TGS01124495

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How to improve the retention and obtainment rate

The director of a medical-surgical unit is concerned with the high nurse turnover on the unit.

Assessment of information related to cultural considerations

Specifically note assessment of information related to cultural considerations that you feel will be important to address in this situation

What characteristic best describes holistic health methods

What characteristic best describes holistic health methods? a. They place the major responsibility for attaining wellness on the patient.

What will not be included in the education plan

The nurse practitioner is seeing a patient who has had a cough for 5 days and is diagnosed with acute bronchitis. Which of the following will not be included

What do you not expect when you perform physical examination

A 21-year-old patient presented to the emergency room with severe abdominal pain, vomiting, and moderate fever. CT scan of the abdomen revealed

Woman presents to clinic as she feels she cannot sit still

A 44-year-old woman presents to the clinic because she feels like she cannot sit still. She is anxious and paces around the provider's office.

Outlines the sequential steps or stages in hiv care

The HIV/AIDS Care Continuum or treatment cascade is a model that outlines the sequential steps or stages in HIV care.

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: The next dividend payment by ecy inc will be 320 per share

Reference No:- TGS01124495

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Loan amortization mr bill s preston esq purchased a new

Q : Explain how to create a work breakdown structure and how a

Q : Create a case study 250-500-words involving a fictitious

Q : Describe at least three challenges you can foresee in

Q : The next dividend payment by ecy inc will be 320 per share

Q : Abc inc contracted xyz llc to lease certain real property

Q : Explain the sarbanes-oxley act and its impact on corporate

Q : Calculate the dealers maturity gap assume 360 days in a

Q : Calculate the mean or average of these yoy returns from