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    Annual Dividend and Market Rate of Return

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    Northern Gas recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percent per year. The stock is currently selling for $26.91 a share. What is the market rate of return?

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    https://brainmass.com/business/accounting-for-corporations/annual-dividend-market-rate-return-545975

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    This solution provides all of the steps for the dividend and market rate of return question presented.

    $2.19