What price does the dividend-discount model predict colgate


Colgate-Palmolive Company has just paid an annual dividend of $ 1.55. Analysts are predicting dividends to grow by $0.16 per year over the next five years. After? then, Colgate's earnings are expected to grow 6.9% per? year, and its dividend payout rate will remain constant. If? Colgate's equity cost of capital is 8.1% per? year, what price does the? dividend-discount model predict Colgate stock should sell for? today?

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Financial Management: What price does the dividend-discount model predict colgate
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