The Huck Glove Co. paid its annual dividend of $1 yesterday. Analysts expect dividends to grow at 4% in perpetuity. Stoc
Posted: Thu Dec 23, 2021 9:11 am
The Huck Glove Co. paid its annual dividend of $1 yesterday.
Analysts expect dividends to grow at 4% in perpetuity. Stockholders
require a return of 9%. The stock is trading for $20.80. What is
the dividend yield on the stock?
Select one:
a. 8%
b. 6%
c. 4%
d. 5%
Analysts expect dividends to grow at 4% in perpetuity. Stockholders
require a return of 9%. The stock is trading for $20.80. What is
the dividend yield on the stock?
Select one:
a. 8%
b. 6%
c. 4%
d. 5%