Weston Corporation just paid a dividend of $2.25 a share (i.e., D0 = $2.25). The

Question

Weston Corporation just paid a dividend of $2.25 a share (i.e., D0 = $2.25). The dividend is expected to grow 7% a year for the next 3 years and then at 3% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to two decimal places.

D1 = $
D2 = $
D3 = $
D4 = $
D5 = $

Weston Corporation just paid a dividend of $2.25 a share (i.e., D0 = $2.25). The dividend is expected to grow 7% a year for the next 3 years and then at 3% a year thereafter. What is the expected dividend per share for each of the next 5 years? Round your answers to two decimal places.

D1 = $
D2 = $
D3 = $
D4 = $
D5 = $

Explanation / Answer

D1 (2.25*1.07)=$2.41 D2 (2.41*1.07)=2.58 D3 (2.58*1.07)=2.76 D4 (2.76*1.03)=2.84 D5 (2.84*1.03)=2.92

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