question archive Scylace plc has ordinary shares with a nominal value of £1 each listed on the London Stock Exchange
Scylace plc has ordinary shares with a nominal value of £1 each listed on the London Stock Exchange
Subject:FinancePrice: Bought3
Scylace plc has ordinary shares with a nominal value of £1 each listed on the London Stock Exchange.
The market price of 1 Scylace ordinary shares is 570p
Over the last year, Scylace has paid a dividend of 24.00p per share.
The directors are expecting the company to pay dividends of 24.75 per share over the next year and expect dividends to grow at a constant percentage rate for the foreseeable future.
Scylace plc has ordinary shares with a nominal value of £1 each listed on the London Stock Exchange.
The market price of 1 Scylace ordinary shares is 570p
Over the last year, Scylace has paid a dividend of 24.00p per share.
The directors are expecting the company to pay dividends of 24.75 per share over the next year and expect dividends to grow at a constant percentage rate for the foreseeable future.
Calculate the cost of equity capital for Scylace plc.
Additional note: Scylace plc has total assets of £312 million, including £14 million in cash, with total liabilities of £98 million
