ABC Corp. currently has $14 million in excess cash that it plans on returning to its shareholders through a dividend payment. ABC's current share price is $22.1 and it has 30.7 million shares outstanding. In addition, the market value of the company's debt is $12 million. Assuming perfect markets, what is the dividend per share that ABC will be able to pay with the excess cash? Round your answer to two decimals (do not include the $-symbol in your answer)