Solution-What is the expected growth rate of kj dividend

What is the expected growth rate of kj dividend

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Reference no: EM132460010

The KJ corporation has averaged an ROE of 15% over the past 5 years and it should continue into the future. The firm has a payout ratio of 80% on earnings per share of $ 6.07 and paid the dividend yesterday. The discount rate for a firm of KJ's risk level is 13%.

a) What is the expected growth rate of KJ's dividend? (Round to the nearest 100th of a percent)

b) What is Kj's current stock price? (Round to the nearest cent)

Reference no: EM132460010

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What is the expected growth rate of kj dividend

Reference no: EM132460010

Reference no: EM132460010

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