Estimation of required rate of return


The current dividend yield on Clayton's Metals common stock is 3.2 percent. The company just paid a $1.48 annual dividend and announced plans to pay $1.54 next year. The dividend growth rate is expected to remain constant at the current level. What is the required rate of return on this stock?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Estimation of required rate of return
Reference No:- TGS025236

Expected delivery within 24 Hours