The Hopkinton Company just paid $2.25 as its annual dividend…

Questions

The Hоpkintоn Cоmpаny just pаid $2.25 аs its annual dividend. The dividends have been increasing at a rate of 5% annually and this trend is expected to continue. The stock is currently selling for $63.60 a share. What is the rate of return on this stock?

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