Constant growth rate of ttt dividends


Transportation stocks currently provide an expected rate of return of 15%. TTT, a large transportation company, will pay a year-end dividend of $3 per share. If the stock is selling at $60 per share, what must be the market's expectation of the constant growth rate of TTT dividends?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Constant growth rate of ttt dividends
Reference No:- TGS053861

Expected delivery within 24 Hours