Secolo Corporation stock currently sells for $61.78 per share. The market requires a return of 5.05 percent on the firms stock. If the company maintains a constant 1.09 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).