01151nas a2200157   4500008004100000245009000041210006900131260000900200300001000209490000600219520059900225653001200824100002000836700001600856856012100872       2007                        eng d00aTeaching an Old Dog New Tricks: Using the Dividend Growth Model in Financial Planning0 aTeaching an Old Dog New Tricks Using the Dividend Growth Model i  c2007  a65-730 v63 aThe Dividend Growth Model is a standard pedagogical tool in pricing stocks where the dividend grows at a constant rate. However, few dividend policies conform to this restrictive pattern and therefore the model is often quickly discarded in finance classes. The constant growth assumption of a cash flow stream fits well with other financial problems such as saving for a college education or contributions to a pension plan. This paper presents a couple of applications for the Dividend Growth Model plus an extension to the model and belies the adage: you can’t teach an old dog new tricks.10aFinance1 aBrooks, Raymond1 aYang, Jimmy  u/biblio/teaching-old-dog-new-tricks-using-dividend-growth-model-financial-planning-0