2. Suppose you know that a companys stock currently sells for $64.21 per share and the required return on the stock is 11.2 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If its the companys policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?

Do not include the $ sign and enter your answer as rounded to 2 decimal places, e.g., 1.36

Can you give an answer and explain? Thank you