| Myer’s Dividend Discount Model (5 years forecast) | Y1 | Y2 | Y3 | Y4 | Y5 | Myer’s Dividend Discount Model (5 years forecast) | ||
| Year | Jul-17 | Jul-18 | Jul-19 | Jul-20 | Jul-21 | Jul-22 | Year | Jul-17 |
| DPS | $0.05 | $0.05 | $0.05 | $0.04 | $0.03 | $0.02 | DPS | $0.05 |
| Dividend Growth Rate |
| 0% | 0% | −28.32% | −28.32% | −22.42% | Dividend Growth Rate |
|
| Discount Rate (1.1165)t |
| 111.65% | 124.65% | 139.17% | 155.38% | 173.48% | Discount Rate (1.1165)t |
|
| Present value of Expected dividend to 2022 |
| $0.0448 | $0.0401 | $0.0258 | $0.0165 | $0.0134 | Present value of Expected dividend to 2022 |
|
| Total PV of expected dividend per share | $0.1406 |
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| Total PV of expected dividend per share | $0.1406 |