Zoom Enterprises expects that one year from now it will pay a total dividend of $5.3 million and repurchase $5.3 million
Posted: Mon Nov 15, 2021 4:58 pm
Zoom Enterprises expects that one year from now it will pay a
total dividend of
$5.3
million and repurchase
$5.3
million worth of shares. It plans to spend
$10.6
million on dividends and repurchases every year after
that forever, although it may not always be an even split
between dividends and repurchases. If Zoom's equity cost of
capital is
12.1%
and it has
4.6
million shares outstanding, what is its share
price today?
total dividend of
$5.3
million and repurchase
$5.3
million worth of shares. It plans to spend
$10.6
million on dividends and repurchases every year after
that forever, although it may not always be an even split
between dividends and repurchases. If Zoom's equity cost of
capital is
12.1%
and it has
4.6
million shares outstanding, what is its share
price today?