Siblings, Inc., is expected to maintain a constant 4.0 percent growth

Siblings, Inc., is expected to maintain a constant 4.0 percent growth

Siblings, Inc., is expected to maintain a constant 4.0 percent growth rate in its dividends, indefinitely. The company has a dividend yield of 5.8 percent.What is the required return on the company’s stock? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Required return%