The dividends are anticipated to maintain a 6 percent


The next dividend payment by Dennic, Inc will be $2.00 per share. The dividends are anticipated to maintain a 6 percent growth rate, forever. If the stock currently sells for $40.77 per share, what is the capital gains yield?

1) 6.00%

2) 5.20%

3) 11.20%

4) 4.91%

Request for Solution File

Ask an Expert for Answer!!
Financial Management: The dividends are anticipated to maintain a 6 percent
Reference No:- TGS02351660

Expected delivery within 24 Hours