First, please follow the steps to calculate expected growth rate of dividends (g):

1. Obtain annual dividends by adding quarterly dividends in each given year.
2. Calculate percentage changes of annual dividends year over year = (D1/DO) -1.
3. Average the four percentage changes. This average will serve as the 'g' the expected growth rate.

#1. What is the expected growth rate of dividends that you calculated by following the steps in the instruction? Answer in % in the nearest tenth.

AAPL div