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 9:14 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. 4%
b. 8%
c. 5%
d. 6%
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. 4%
b. 8%
c. 5%
d. 6%