Git, Inc. is expected to have EPS in the upcoming

jagguarpaw January 12, 2017 0 Comments

Question: Git, Inc. is expected to have EPS in the upcoming…

Git, Inc. is expected to have EPS in the upcoming year of $6.9. The expected ROE is 12.4%. An appropriate required return on the stock is 11.3%. If the firm has a plowback ratio of 74%, what is the expected dividend in the upcoming year?