Paychex inc payx recently paid an 078 dividend the dividend, Financial Management

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Paychex inc payx recently paid an 078 dividend the dividend

Paychex Inc. (PAYX) recently paid an $0.78 dividend. The dividend is expected to grow at a 15 percent rate. The current stock price is $46.11

What is the return shareholders are expecting?

(Do not round intermediate calculations and round your final answer to 2 decimal places.) Shareholders return

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Financial Management: Paychex inc payx recently paid an 078 dividend the dividend

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Financial Management: Paychex inc payx recently paid an 078 dividend the dividend

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