Portman industries just paid a dividend of 144 per share, Ask an Expert

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Portman Industries just paid a dividend of $1.44 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 20.00% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 4.00% per year. The risk-free rate is 5.00%, the market risk premium is 6.00%, and Portman's beta is 1.30

What is the expected dividend yield for Portman's stock today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91594546

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