Warr Corporation Just Paid A Dividend Of $1.50 A Share

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Warr Corporation Just Paid A Dividend Of $1.50 A Share

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(that id D0=$1.50). The dividends...

Warr corporation just paid a dividend of $1.50 a share (that id D0=$1.50). The dividends is expected to grow 7 percent a year for the next 3 years and then at a 5 percent a year thereafter. What is the expected dividend per share for each of the next 5 yearrs?

Submitted: 13 years ago.Category: Finance

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7/24/2010

Financial Professional: JKCPA, replied 13 years ago

JKCPA

Category: Finance

Satisfied Customers: 5,885

Experience: Bachelors degree and CPA with Accounting experience.

Verified

Hello,

Thanks for your question.

The dividend will be 1.50*(1+ .07) = $1.605 for Year 1
1.605 * 1.07 = $1.717 for Year 2
1.717 * 1.07 = $1.838 for Year 3
1.838 * 1.05 = $1.93 for Year 4
1.93 * 1.05 = $2.027 for Year 5

Hope this helps!

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