Suppose a company's equity is currently priced at $48$ per share, with a required return of $10$ per cent. It is also known that the total return on the equity is equally split between capital gains yield and dividend yield.

Required:

Given that the company maintains a constant growth rate for its dividends, what is the current dividend per share? $($Do not round intermediate steps. Round your answer to $2$ decimal places $($e$.$g$.,32\mathrm{.}16).)$

Current dividend per share