Keeping Pace Enterprises, makers of track and field equipment, has common stock that sells for $29, and its di? Keeping Pace Enterprises, makers of track and field equipment, has common stock that sells for $29, and its dividends are expected to grow at a rate of 9 percent annually. If investors in Pace require a return of 14%, what is the expected dividend next year? $1.33 $2.40 $1.45 $1.60