FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Kindly help me with general Accounting question

The next dividend payment by Halestorm, Inc., will
be $2.04 per share. The dividends are anticipated
to maintain a growth rate of 4.5 percent forever. The
stock currently sells for $37 per share.
a. What is the dividend yield?
b. What is the expected capital gains yield?
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Transcribed Image Text:The next dividend payment by Halestorm, Inc., will be $2.04 per share. The dividends are anticipated to maintain a growth rate of 4.5 percent forever. The stock currently sells for $37 per share. a. What is the dividend yield? b. What is the expected capital gains yield?
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