Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 16 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield.

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

$6.33

$7.28

$7.20

$13.33

$6.67