What is the value of seagate stock

Assignment Help Finance Basics

Reference no: EM133369163

Question: Seagate Technology is a global leader in data storage solutions and a consistent dividend payer. From 2018 through 2022, Seagate paid the following per-share dividends:

Year    Dividend Per Share
2022   $2.51
2021   $2.29
2020   $1.88
2019   $1.17
2018   $1.56

Assume that the historical annual rate of Seagate dividends is an accurate estimate of the future consistent annual dividend growth rate. Use a 22% required rate of return to find the value of Seagate's stock immediately after it paid its 2022 dividend of $2.51.

What is the value of Seagate's stock?

Reference no: EM133369163

Questions Cloud

What is the value of the bonds to you given the yield : What is the value of the bonds to you given the yield to maturity on a? comparable-risk bond? Should you purchase the bond at the current market? price?

Why might you suggest licenses for an edition of windows : Why might you suggest licenses for an edition of Windows 10 that supports corporate needs for the new computers and has upgrades for the old computers

What is the irr of the project : Woatich Windmill Company is considering a project that calls for an initial cash outlay of $70,000. The expected net cash inflows from the project are $13,000

Powershell script file that prints hello world : You are going to a PowerShell script file that prints "Hello world". It is recommended that you watch all the lecture in the Module 6 and read the chapters

What is the value of seagate stock : Assume that the historical annual rate of Seagate dividends is an accurate estimate of the future consistent annual dividend growth rate. Use a 22% required

Which tool can you suggest using to try to remedy the fault : A Windows user is trying to join a video conference and cannot hear any sound from her headset. Which tool can you suggest using to try to remedy the fault

Conduct secondary research about stock valuation : Conduct secondary research about Stock Valuation. Include quotes from those references including at least one for Fundamental analysis and one for Technical

How would you track down the source of a paper jam : What is the overall process for troubleshooting this issue and how would you track down the source of a paper jam

How many months will this take : Using a financial calculator/excel calculator. Cooling Tools, Inc. is currently producing 623 of small refrigerators per month but the company's CEO plans

User Account

All Pages