| Fiscal Year Ending | Dividend/Share | Growth Rate |
| 2021 | 0.85 | 6.25% |
| 2020 | 0.8 | 6.67% | | | Recent 3-year average growth Rate | 7.74% |
| 2019 | 0.75 | 10.29% | | | Recent 5-year average growth rate | 9.13% |
| 2018 | 0.68 | 13.33% | | | Recent 9-year average growth rate | 48.01% |
| 2017 | 0.6 | 9.09% |
| 2016 | 0.55 | 10.00% |
| 2015 | 0.5 | 8.70% | | | Low-End Growth Rate | 7% |
| 2014 | 0.46 | 12.20% | | | High-end growth rate | 9% |
| 2013 | 0.41 | 355.56% |
| 2012 | 0.09 |
| | | | | | Constant Dividend Growth Model |
| | | | | | Required Rate of Return, r | 10% |
| | | | | | (Since it is a large cap Company) |
| | | | | | Last dividend, D0 | 0.85 |
| | | | | | Market Price per share based on low-end growth rate | 30.3166666667 |
| | | | | | Market Price per share based on high-end growth rate | 92.65 |
Brian_1234
Dividend.xlsx
