O & B International just announced it will be paying an annual dividend of $1.10 a share plus an extra dividend of $.41 a share this year. The company also announced that its regular dividend, which is all it anticipates paying after this year, will increase by 2 percent annually. What is the anticipated dividend per share next year?

$1.1169

$1.1238

$1.1220

$1.5402

$1.1059