Swan Lake Marina is expected to pay

Swan Lake Marina is expected to pay an annual dividend of $1.58 next year. The stock is selling for $18.53 a share and has a total return of 12 percent. What is the dividend growth rate? 



honeyd


14-09-20 | 06:22:27

Po = D1/r-g
18.53 = 1.58/0.12-g
G=0.12-1.58/18.53
G = 3.47%

Login to answer this question!