Thress Industries just paid a dividend of $2.75 a share.The dividend is expected to grow 5% a year for the next 3 years and then at 11% a year thereafter. What is the expected dividend per share for each of the next 5 years?© BrainMass Inc. brainmass.com December 15, 2020, 8:36 pm ad1c9bdddf
Current Dividend = 2.75
Expected Dividend for Year 1 = 2.75*(1+5%)
= 2.75*1.05 = $2.89
Expected Dividend for ...
The solution calculates dividend per share for coming years with given growth rate.