The next dividend payment by Grenier, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share. What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Dividend yield             % What is the expected capital gains yield? (Do not round intermediate calculations. Enter your answer as a percent.) Capital gains yield             %

Question

The next dividend payment by Grenier, Inc., will be $1.64 per share. The dividends are anticipated to maintain a growth rate of 8 percent forever. The stock currently sells for $31 per share.
 
What is the dividend yield? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
 
Dividend yield             %
 
What is the expected capital gains yield? (Do not round intermediate calculations. Enter your answer as a percent.)
 
Capital gains yield             %

 
 
 
 

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