The common stock of Polybius Inc. just paid an annual dividend of $ 0.61 . The dividend is expected to grow at a constant rate forever. The required rate of return for this stock is 11.1 percent. If the current price of the stock is $ 16.32 what is the expected growth rate of the dividends? Give your answer to the nearest .1%. Do not use the % sign in your answer. For example, if the answer is 9.2% enter your answer as 9.2 rather than .092 or 9.2%.