Question

1)Calculate the dividend yield and the payout ratio.

2)Calculate the annual dividend growth rate for the last 10 years. Based on the annual dividend growth rate for each company, will you forecast a constant or non-constant growth in dividends?

Date	Dividends
12/2/10	0.31
3/3/11	0.31
6/2/11	0.31
9/1/11	0.31
12/1/11	0.36
3/1/12	0.36
5/31/12	0.36
8/30/12	0.36
12/6/12	0.42
2/28/13	0.21
5/30/13	0.21
8/29/13	0.21
12/12/13	0.24
2/27/14	0.24
5/29/14	0.24
8/28/14	0.24
8/29/14	0.24
12/11/14	0.28
2/26/15	0.28
5/28/15	0.28
9/3/15	0.28
12/7/15	0.32
3/3/16	0.16
6/2/16	0.16
9/1/16	0.16
9/2/16	0.16
12/1/16	0.18
3/2/17	0.18
6/1/17	0.18
8/31/17	0.18
12/1/17	0.2
3/2/18	0.2
6/1/18	0.2
8/31/18	0.2
11/30/18	0.22
3/1/19	0.22
5/31/19	0.22
8/30/19	0.22

Answer 1

Annual Dividend Growth Rate = CAGR = (Final Value/ Initial Value)^(1/t)-1

Final Dividend value = 0.22 , Initial Value = 0.31 , t = 10 years ,

CAGR = -3.3% , Dividend is growing in negative growth.

Dividend Yield = Dividend per share / price per share , without knowing price per share it is impossible to calculate dividend yield as dividend yield differes based on the price per share.

Dividend Payout Ratio = (Total Dividends/ Net Income) ; without knowing net income its impossible to know the net income,

Please provide those details . i can help you , thanks