Krispy Kreme stock trades at $20.21 this morning. Analysts expect the donut market to heat up in the coming year. As a result, they expect Krispy Kreme to sell for $21.18 in one year. Investors want a 15.80% return to own Krispy Kreme stock based on the risk.
What dividend must Krispy Kreme pay next year for the stock to be fairly priced today?