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The following data represents the quarterly dividend payments for The TJX companies Calculate the annualized dividend growth rate based on the past 5-years of dividends.

The following data represents the quarterly dividend payments for The TJX companies Calculate the annualized dividend growth rate based on the past 5-years of dividends. (Enter percentages as decimals and round to 4 decimals)

Date Dividends
2/9/2016 0.21
11/9/2015 0.21
8/11/2015 0.21
5/12/2015 0.21
2/10/2015 0.175
11/10/2014 0.175
8/12/2014 0.175
5/13/2014 0.175
2/11/2014 0.145
11/12/2013 0.145
8/13/2013 0.145
5/14/2013 0.145
2/12/2013 0.115
11/6/2012 0.115
8/7/2012 0.115
5/8/2012 0.115
2/7/2012 0.095
11/8/2011 0.095
8/9/2011 0.095
5/10/2011 0.095
2/8/2011 0.075

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