What is expected dividend yield for portman stock today

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Reference no: EM131581121

Portman Industries just paid a dividend of $2.88 per share. The company expects the coming year to be very profitable, and its dividend is expected to grow by 12% over the next year. After the next year, though, Portman's dividend is expected to grow at a constant rate of 2.40% per year. The risk-free rate is 3.00%, the market risk premium is 3.60%, and Portman's beta is .90. Assuming the market is equilibrium, use the information just given to find :

1. Dividends 1yr from now

2. Horizon Value

3. Intrinsic value of Portman's stock

What is the expected dividend yield for Portman's stock today?

4. 3.07%, 3.84%, 3.98%, 3.75%

Reference no: EM131581121

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