Estimating the required rate of return on stock


The current dividend yield on Clayton's Metals common stock is 3.2 percent. The company just paid a $1.48 annual dividend and announced plans to pay $1.54 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Estimating the required rate of return on stock
Reference No:- TGS040890

Expected delivery within 24 Hours