At the end of the year 2002 the firm paid a dividend of 135


Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's dividends over a seven-year period. At the end of the year 2002, the firm paid a dividend of $1.35. At year-end 2009, it paid a dividend of $1.84. What was the average annual growth rate of dividends for this firm?

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Finance Basics: At the end of the year 2002 the firm paid a dividend of 135
Reference No:- TGS0610059

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