Lirio Co (March/June hybrid 2016)

This topic has 1 reply, 2 voices, and was last updated 9 years ago by John Moffat.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
February 19, 2017 at 10:19 am #373119
ACCA_procrastinator
Member
- Topics: 9
- Replies: 11
Dear Sir,
Could you please explain the calculation of new growth rate (7%) in appendix 3 of the answer.
The Annual dividend per share paid for 2017 and 2018 is $0.0595
Dividend per share paid for 2019 is $0.3100.
I could not get 7%.
February 19, 2017 at 4:12 pm #373169
John Moffat
Keymaster
- Topics: 57
- Replies: 54838
The dividend in 2016 is $0.255 and in 2019 is $0.31
For 2016 to 2019 is 3 years growth, so the average growth rate per year = ( third root of (0.31/0.255) ) – 1 ) = 0.067 or approximately 7% per annum.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

The topic ‘Lirio Co (March/June hybrid 2016)’ is closed to new replies.