Delphin's Marina Is Expected to Pay an Annual Dividend of $0.58

question 43

Multiple Choice

Delphin's Marina is expected to pay an annual dividend of $0.58 next year. The stock is selling for $8.53 a share and has a total return of 12 percent. What is the dividend growth rate?

• A) 3.82 percent
• B) 4.03 percent
• C) 4.28 percent
• D) 5.20 percent
• E) 5.49 percent

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