Rate of Return on the Stock Assignment | Homework For You
June 3rd, 2020
Northern Gas recently paid a $3.50 annual dividend on its common stock. This dividend increases at an average rate of 3.4 percent per year. The stock is currently selling for $22.80 a share. What is the rate of return on the stock? (Provide your answer in percentage with two decimal points.) Answer: Get Finance homework help today