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Colgate-Palmolive Company has just paid an annual dividend of $0.96. Analysts are predicting an 11.1% per year growth ra
Posted: Tue Apr 26, 2022 10:54 am
by answerhappygod
- Colgate Palmolive Company Has Just Paid An Annual Dividend Of 0 96 Analysts Are Predicting An 11 1 Per Year Growth Ra 1 (22.58 KiB) Viewed 97 times
Colgate-Palmolive Company has just paid an annual dividend of $0.96. Analysts are predicting an 11.1% per year growth rate in earnings over the next five years. After that, Colgate's earnings are expected to grow at the current industry average of 5.3% per year. If Colgate's equity cost of capital is 8.9% per year and its dividend payout ratio remains constant, for what price does the DDM predict Colgate stock should sell? . The value of Colgate's stock is $ - (Round to the nearest cent.)