Answer :
The stock price is 17.57.
Dividend*(1+Growth) = Year 1
1*1.054 = 1.054
Price = Div Year 1/(Required - Growth)
=1.054/(11.4%-5.4%)
= 17.57
Dividend-making investment may be a brilliant funding strategy. Dividend shares have traditionally outperformed the S&P 500 with much less volatility. That is due to the fact dividend stocks provide sources of return: ordinary income from dividend bills and capital appreciation of the inventory rate. This total go-back can upload up through the years.
They're paid out of the income and income of the enterprise. Dividends may be labeled both as ordinary or certified. While normal dividends are taxable as normal earnings, qualified dividends that meet positive necessities are taxed at decreased capital advantage rates.
On the other hand, the organization's dividends are not quarterly or every 3 months. Coca-Cola dividends are paid in April, then July, October, and December. This is an unusual dividend payment sample.
Learn more about Dividend here https://brainly.com/question/3161471
#SPJ4
