Finance Questions? Ask a Financial Expert for Answers ASAP
The answer is true. The value of a share of stock is the present value of its expected future dividends. If the two investors expect the same future dividends and they agree on the stock's riskiness (implying the discount rate is the same), then they should reach a similar stock value using the dividend discount model which discounts the dividends and uses growth rate and required return and these are same for both the investors. The time period is not material, since both the investors would discount all future dividends to get the price today and so both would arrive at the same price.