Calculating average dividend growth rate


Highway Express has paid annual dividends of $1.16, $1.19, $1.25, $1.12, and $0.95 over the past five years respectively. What is the average dividend growth rate?

A. -4.51 percent

B. -3.60 percent

C. 2.28 percent

D. 2.46 percent

E. -4.25 percent

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Calculating average dividend growth rate
Reference No:- TGS051030

Expected delivery within 24 Hours