A company paid quarterly dividends of $1 per share in 2000. In 2010, they were $1.10 per share. Today (2019) they are $1.75 per share. What is the CAGR (compounded annual growth rate) on the dividend? Round to the nearest zero decimal places and use the % symbol (e.g. 4%)
A company paid quarterly dividends of $1 per share in 2000. In 2010, they were $1.10 per share. Today (2019) they are $1.75 per share. What is the CAGR (compounded annual growth rate) on the dividend? Round to the nearest zero decimal places and use the % symbol (e.g. 4%)
Chapter7: Common Stock: Characteristics, Valuation, And Issuance
Section: Chapter Questions
Problem 8P
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A company paid quarterly dividends of $1 per share in 2000. In 2010, they were $1.10 per share. Today (2019) they are $1.75 per share. What is the CAGR (compounded annual growth rate) on the dividend? Round to the nearest zero decimal places and use the % symbol (e.g. 4%)
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