Everton Technologies has a share price of $30.75 today. The company is expected to pay a dividend of $1.20 this year, and its stock price is projected to increase to $33.15 at the end of the year. Calculate: 1. Dividend Yield 2. Equity Cost of Capital

Everton Technologies has a share price of $30.75 today. The company is expected to pay a dividend of $1.20 this year, and its stock price is projected to increase to $33.15 at the end of the year. Calculate: 1. Dividend Yield 2. Equity Cost of Capital

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter15: Distributions To Shareholders: Dividends And Repurchases

Section: Chapter Questions

Problem 3MC: Assume that IWT has completed its IPO and has a $112.5 million capital budget planned for the coming...

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Question

Provide correct answer the following requirements on these financial accounting question

Everton Technologies has a share price of $30.75 today. The company is expected
to pay a dividend of $1.20 this year, and its stock price is projected to increase to
$33.15 at the end of the year.
Calculate:
1. Dividend Yield
2. Equity Cost of Capital

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