Question

find the average growth rate of the dividends for each firm listed in the following table.

dividend Payments per Year

firm.        2006.   2007.   2008.   2009.   2010.    2011
Loewen $1.03. $1.06. $1.30. $1.21. $1.27.   $1.40

Morse.   $1.12. $1.00. $0.70. $1.10.   $1.25. $1.45

Huddle. $1.25. $2.75. $3.50. $3.90.   $3.90. $4.25

Meyer.    $2.25. $2.00. $2.00. $2.71.   $2.85. $2.96

what is the average annual growth rate of the dividends paid by each firm

Answer 1

Calculation of average growth rate of the dividend for each firm
Loewen	((Dividend in 2011/Dividend in 2006)^(1/n) - 1)
Loewen	((1.40/1.03)^(1/5)) - 1
Loewen	6.33%
Morse	((Dividend in 2011/Dividend in 2006)^(1/n) - 1)
Morse	((1.45/1.12)^(1/5)) - 1
Morse	5.30%
Huddle	((Dividend in 2011/Dividend in 2006)^(1/n) - 1)
Huddle	((4.25/1.25)^(1/5)) - 1
Huddle	27.73%
Meyer	((Dividend in 2011/Dividend in 2006)^(1/n) - 1)
Meyer	((2.96/2.25)^(1/5)) - 1
Meyer	5.64%