A company has stock which costs $$42\mathrm{.}25$ per share and pays a dividend of $$2\mathrm{.}60$ per share this year. The company's cost of equity is $12\%.$ What is the expected annual growth rate of the company's dividends?

A$.11\mathrm{.}7\%$

B$.17\mathrm{.}55\%$

C$.5\mathrm{.}85\%$

$$ D$.23\mathrm{.}4\%$