Grace Holdings recently paid an annual dividend of $1.50 per share, and its estimated long-term growth rate in dividends is 4 percent. The current market price of each share is $26. What is the rate of return on the share? Grace Holdings recently paid an annual dividend of $1.50 per share, and its estimated long-term growth rate in dividends is 4 percent. The current market price of each share is $26. What is the rate of return on the share