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Secolo Corporation stock currently sells for $58.93 per share. The market requires a return of 9.1 percent on the firms stock. If the company maintains

Secolo Corporation stock currently sells for $58.93 per share. The market requires a return of 9.1 percent on the firms stock. If the company maintains a constant 4.92 percent growth rate in dividends, what was the most recent dividend per share paid on the stock? Omit the $ dollar sign and commas. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16).

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