Suppose you know that a company’s stock currently sells for $65 per share and the required return on the stock is 15 percent. you also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. if it’s the company’s policy to always maintain a constant growth rate in its dividends, what is the current dividend per share? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Current dividend = $57.35

Explanation:

Given:

Company’s stock currently sells for $65 per share

The required return on the stock = 15%

Required return =

Required return = Dividend yield + Capital gains

15% =

Dividend yield = 7.5% , Capital gains = 7.5%

Now we will compute the current dividend as follow:

Dividend yield =

Current dividend =

Current dividend = $57.35

Controlling is the process of assuring actual activities conform to planned activities with five examples are discussed below in details.

Explanation:

Planning and controlling are intimately associated. Controlling is further pervasive than planning. Controlling benefits managers observe the effectiveness of their planning, formation, and managing activities.  It not only assists in maintaining a record on the development of activities but also guarantees that activities adhere to the measures set in approach so that organizational aims are achieved.