The current stock price of the DINSIC company is $25.50 per share. The company is expected to pay a dividend of $2.80 at the end of the year, and the equity cost of capital of the company is 10%. If the dividend payout rate is expected to remain constant, then the expected growth rate in the DINSIC's earnings is closest to ________.

Select one:

-0.98%

-0.49%

-1.47%

-1.96%