Stock Valuation using CAPM and DVM

Input the dividend growth rate in decimal form, not percentages. Click show answer after you have input the dividend amount, dividend growth rate, and the stock's beta. You will be given the required return (from CAPM) first. Click "ok" in the alert box to obtain the results of the dividend valuation model.  This model works best with utilities and other relatively "mature" industries where dividends, rather than capital gains, represent the primary reward to shareholders.  Note that this model does not provide realistic results for cases where the dividend growth rate exceeds the required return.

Input Current Year Dividend 
Input Dividend Growth Rate 
Input Stock's Beta 
Current Valuation =