Figurate Industries has 710,000 shares of cumulative preferred stock outstanding. It has passed the last three quarterly dividends of $2.60 per share and now (at the end of the current quarter) wishes to distribute a total of $13 million to its shareholders. If Figurate has 3.2 million shares of common stock outstanding, how large a per-share common stock dividend will it be able to pay? The per-share common stock dividend Figurate will be able to pay is $ (Round to the nearest cent.)