One year ago, Bill bought 300 shares of Conglomerated Inc. Now, one year later, the stock has a market price of $25.31 per share, compared to Bill's purchase price of $27.81 a share. During the year, Bill collected dividends of $0.53 per share. Compute Bill's realized rate of return for the year? Answer as a percentage, 2 decimal places (e.g., 12.34% as 12.34).