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A company paid dividends of $2.06, $2.21, $2.33, 92.48, and $2.64 per share during the last five years. $2.06 was paid five years ago and
A company paid dividends of $2.06, $2.21, $2.33, 92.48, and $2.64 per share during the last five years. $2.06 was paid five years ago and $2.64 was paid yesterday. Based on these dividends, what is the estimated dividend growth rate when the arithmetic average is used? Enter your answer as a decimal number (not as a percentage number) with 4 digits to the right of the decimal point in the box shown below
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