Suppose you know a company's stock currently sells for $$80$ per share and the required return on the stock is $11$ percent. You also know that the total return on the stock is evenly divided between a capital gains yleid and a dividend yleld.

If It's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?

Multiple Choice

$$4\mathrm{.}40$

$$4\mathrm{.}17$

$$8\mathrm{.}34$

$$396$

$$4\mathrm{.}46$