K Common stock value: Constant growth Seagate Technology is a global leader in data storage...
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K Common stock value: Constant growth Seagate Technology is a global leader in data storage solutions and a high-yield dividend payer. From 2018 through 2022, Seagate paid the following per-share dividends: Year 2022 2021 2020 2019 2018 Dividend per share $2.48 2.22 2.22 1.88 1.19 1.54 Assume that the historical annual growth rate of Seagate dividends is an accurate estimate of the future constant annual dividend growth rate. Use a 20% required rate of return to find the value of Seagate's stock immediately The value of Seagate's stock is $
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