Procter and Gamble (PG) paid an annual dividend of $2.86 in 2018. You expect PG to increase its dividends by 8.7% per year for the next five years (through 2023), and thereafter by 2.7% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.3% per year, use the dividend-discount model to estimate its value per share at the end of 2018.
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Procter and Gamble (PG) paid an annual dividend of $2.86 in 2018. You expect PG to increase its dividends by 8.7% per year for the next five years (through 2023), and thereafter by 2.7% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.3% per year, use the dividend-discount model to estimate its value per share at the end of 2018.
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- Procter and Gamble (PG) paid an annual dividend of $2.79 in 2018. You expect PG to increase its dividends by 7.9% per year for the next five years (through 2023), and thereafter by 2.7% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.9% per year, use the dividend-discount model to estimate its value per share at the end of 2018. * please show workProcter and Gamble (PG) paid an annual dividend of $2.81 in 2018. You expect PG to increase its dividends by 8.6% per year for the next five years (through 2023), and thereafter by 3.1% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.1% per year, use the dividend-discount model to estimate its value per share at the end of 2018. The price per share is $ (Round to the nearest cent.)Procter and Gamble (PG) paid an annual dividend of $2.89 in 2018. You expect PG to increase its dividends by 7.7% per year for the next five years (through 2023), and thereafter by 3.3% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.7% per year, use the dividend-discount model to estimate its value per share at the end of 2018. (Round to the nearest cent.)
- Procter and Gamble (PG) paid an annual dividend of $2.87 in 2018. You expect PG to increase its dividends by 8% per year for the next five years (through 2023), and thereafter by 3% per year. If the appropriate equity cost of capital for Procter and Gamble is 8% per year, use the dividend-discount model to estimate its value per share at the end of 2018. A) Calculate the present value of dividends through 2023. B) Calculate the present value of the rest of the dividends in 2023 C) USING the function PV in EXCEL, calculate the present value of the rest of the dividends in 2018 D) Calculate the value per share of Procter and Gamble at the end of 2018 **Show the work and stepsProcter and Gamble (PG) paid an annual dividend of $2.94 in 2021. You expect PG to increase its dividends by 7.1% per year for the next five years (through 2026), and thereafter by 2.6% per year. If the appropriate equity cost of capital for Procter and Gamble is 8.9% per year, use the dividend-discount model to estimate its value per share at the end of 2021.Forever 21 is expected to pay an annual dividend of $3.46 per share in one year, which is then expected to grow by 9% per year indefinitely. Suppose the company's stock should earn an appropriate yearly return of 14% determined by Capital Asset Pricing Model (CAPM). Using Dividend Discount Model to find the appropriate stock price.
- Assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.10 per share at the end of 2019. The dividend is expected to grow at 12% per year for 3 years, after which time it is expected to grow at a constant rate of 6% annually. The company's cost of equity (rs) is 9%. Using the dividend growth model (allowing for nonconstant growth), what should be the price of the company's stock today (December 31, 2019)? Do not round intermediate calculations. Round your answer to the nearest cent.$______ per shareHighGrowth Company has a stock price of $20. The firm will pay a dividend next year of $1, and its dividend is expected to grow at a rate of 4% per year thereafter. What is your estimate of HighGrowth’s cost of equity capital?Assume today is December 31, 2019. Imagine Works Inc. just paid a dividend of $1.30 per share at the end of 2019. The dividend is expected to grow at 18% per year for 3 years, after which time it is expected to grow at a constant rate of 5% annually. The company's cost of equity (rs) is 9%. Using the dividend growth model (allowing for nonconstant growth), what should be the price of the company's stock today (December 31, 2019)? Do not round intermediate calculations. Round your answer to the nearest cent.
- Slow 'n Steady, Inc., has a stock price of $31, will pay a dividend next year of $3.30, and has expected dividend growth of 1.6% per year. What is your estimate of Slow 'n Steady's cost of equity capital?JBY Company’s policy is to declare 25% of earnings as dividends to shareholders. At the end of 2022, the Company’s earnings per share (EPS) is 10.00php. Earnings is expected to grow next year to 12.00. Dividends are subject to 10% tax and inflation rate is 3.00%. Cost of Equity is 27%. Question: What is the JBY average dividend per share?Citigroup, Inc. is estimated to pay dividend of $ 2.4 in 2023, $ 3.0 in 2024. Assume all dividends are paid at the year end and it's estimated you can sell Citigroup, Inc. at the price of $60 at the end of year 2024. What's the fair stock price of Citigroup, Inc. at the beginning of year 2023, assuming the annual discount rate of 6.5%? $57.80 $56.23 $52.42 $54.57