You may be able to find this on certain websites, or you can calculate it as: For example, if a company paid a $0.10 dividend 20 years ago, and pays a $0.80 dividend now, its dividend growth rate would be $0.80/$0.10, or 8, raised to the power of 0.05. The first component of value is the present value of the expected dividends during the high growth period. Based upon the current dividends ($12), the expected growth rate (15%) value of dividends (D1, D2, D3), can be computed for each year in the high growth period. The stable growth rate is achieved after 4 years. The current worth of a future sum of money or stream of cash flows given a specified rate of return. Your present value is too small for our calculators to figure out. This means that you either need to increase your future value, decrease your interest rate, or shorten your time frame.