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Dry Dock Marina is expected to pay an annual dividend of $1.6 next year. The stock is selling for $25.95 a share and has a
Dry Dock Marina is expected to pay an annual dividend of $1.6 next year. The stock is selling for $25.95 a share and has a total return of 15.52 percent. What is the dividend growth rate? Write your answer in percentage form, and round your answer to 2 decimal places. For example, write 38.32, not 0.38.
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