A company that just paid a dividend of $3.25 per share plans to increase its dividend by 16% next year. The company plans to the reduce its dividend growth rate by 5% each year until it reaches a dividend growth rate of 6%. The company is expected to the maintain a constant dividend growth rate of 6% forever. The required return on the stock is 13%, What is the dividend amount expected to be paid by this stock 3 years from now? Do not round Intermediate calculations. Round the final answer to 2 decimal place Omit any commes and the Ssion in your response. For example answer of $1000.50 should be entered as 1000.50