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Last year, Holland Tulip Inc. paid $79.58 million in common stock dividends. The company has 23.56 million shares outstanding. Calculate the firm's dividends per share

Last year, Holland Tulip Inc. paid $79.58 million in common stock dividends. The company has 23.56 million shares outstanding. Calculate the firm's dividends per share ratio.

Round the answer to two decimal places.

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