T&P common stock sells for $23.43 a share at a market rate of return of 11.65 percent.The company just paid its annual dividend of $1.20.What is the dividend growth rate?
A)5.87 percent
B)6.43 percent
C)5.91 percent
D)6.07 percent
E)6.21 percent

Question

Quizplus · Accepted Answer

The Answer of T&P common stock sells for $23.43 a share at a market rate of return of 11.65 percent.The company just paid its annual dividend of $1.20.What is the dividend growth rate?
A)5.87 percent
B)6.43 percent
C)5.91 percent
D)6.07 percent
E)6.21 percent

T&P Common Stock Sells for $23