I don't understand how to find the value of the stock when i have annual dividends and percentage. I have tried many different equations to find the PV of the stock. I have below the question and break down.

"A preferred stock from Duquesne Light Company (DQUPRA) pays $3.55 in annual dividends. If the required return on the preferred stock is 6.7 percent, what is the value of the stock?"

PV=??? annual dividends=$3.55 Required return= 6.7

please advise thank you

jenn